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SBA 7(a)Committed, not yet disbursed

KB Chimney Solutions LLC

MARENGO, ILHome State Bank, National AssociationOther Services to Buildings and Dwellings · NAICS 561790
APPROVAL AMOUNT
$255,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-15
9.5% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$3,300
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$140,957
over 10 yrs
TOTAL REPAID
$395,957

Computed from this loan's recorded initial rate and term. Most 7(a) rates are variable and reset with the base rate, so the real schedule drifts from this, and SBA guaranty fees and closing costs are not included. Adjust the assumptions.

Loan details & location

LOCATION
MARENGO, IL 60152
INDUSTRY
Other Services to Buildings and Dwellings · NAICS 561790
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
14
MARENGO, IL 60152

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