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SBA 7(a)Active, details exempt

KRT Enterprises Inc

EDINA, MNThe Huntington National BankAll Other Specialty Food Retailers · NAICS 445298
APPROVAL AMOUNT
$532,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-01-04
9.25% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$6,811
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$285,361
over 10 yrs
TOTAL REPAID
$817,361

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
EDINA, MN 55436
INDUSTRY
All Other Specialty Food Retailers · NAICS 445298
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
EDINA, MN 55436

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