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SBA 7(a)Active, details exempt

Kim Family Pharmacy

NORTHBROOK, ILFirst Financial BankPharmacies and Drug Retailers · NAICS 456110
APPROVAL AMOUNT
$500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-05-14
9.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$6,539
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$284,621
over 10 yrs
TOTAL REPAID
$784,621

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
NORTHBROOK, IL 60062
INDUSTRY
Pharmacies and Drug Retailers · NAICS 456110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
09
NORTHBROOK, IL 60062

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