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SBA 7(a)Committed, not yet disbursed

LA JOIE DAYCARE, LLC

ARLINGTON HEIGHTS, ILHinsdale Bank & Trust Company, National AssociationChild Care Services · NAICS 624410
APPROVAL AMOUNT
$200,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2026-06-17
7.75% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$3,092
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$59,761
over 7 yrs
TOTAL REPAID
$259,761

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
ARLINGTON HEIGHTS, IL 60004
INDUSTRY
Child Care Services · NAICS 624410
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
08
ARLINGTON HEIGHTS, IL 60004

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