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SBA 7(a)Committed, not yet disbursed

L & L Hardwood Flooring Distributors, Inc.

BEDFORD PARK, ILJPMorgan Chase Bank, National AssociationLumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers · NAICS 423310
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APPROVAL AMOUNT
$250,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-03-05
12.3% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$3,630
AT RATE
12.3%
recorded at approval
TOTAL INTEREST
$185,632
over 10 yrs
TOTAL REPAID
$435,632

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
BEDFORD PARK, IL 60638
INDUSTRY
Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers · NAICS 423310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
12.3%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
BEDFORD PARK, IL 60638

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