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SBA 7(a)Current

LIFELONG HEALTH PLLC

Clarendon Hills, ILGrasshopper Bank National AssociationOffices of Physicians (except Mental Health Specialists) · NAICS 621111
APPROVAL AMOUNT
$400,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-01-28
9.5% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$5,176
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$221,108
over 10 yrs
TOTAL REPAID
$621,108

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
Clarendon Hills, IL 60514
INDUSTRY
Offices of Physicians (except Mental Health Specialists) · NAICS 621111
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Current
Clarendon Hills, IL 60514

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