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SBA 7(a)CANCLD

KION GROUP LLC

Ironton, OHThe Huntington National BankOther Business Service Centers (including Copy Shops) · NAICS 561439
APPROVAL AMOUNT
$729,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-06-20
11% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$10,042
AT RATE
11%
recorded at approval
TOTAL INTEREST
$476,037
over 10 yrs
TOTAL REPAID
$1,205,037

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
Ironton, OH 45638
INDUSTRY
Other Business Service Centers (including Copy Shops) · NAICS 561439
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11%
LOAN STATUS
CANCLD
Ironton, OH 45638

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