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SBA 7(a)Cancelled

Lemonberry Food Stores Inc

STOW, OHNewtek Small Business Finance, Inc.All Other Specialty Food Stores · NAICS 445299
APPROVAL AMOUNT
$450,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2015-12-23
6% rate
JOBS SUPPORTED
45
Borrower-reported

Estimated monthly payment

MONTHLY
$4,996
AT RATE
6%
recorded at approval
TOTAL INTEREST
$149,511
over 10 yrs
TOTAL REPAID
$599,511

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
STOW, OH 44224
INDUSTRY
All Other Specialty Food Stores · NAICS 445299
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Cancelled
CONGRESSIONAL DIST.
13
STOW, OH 44224

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