SBA 7(a)Paid in Full

Lighthouse Logistics LLC

SAUK RAPIDS, MNMinnwest BankMotorcycle, ATV, and Personal Watercraft Dealers · NAICS 441221

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APPROVAL AMOUNT

$590,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2011-08-26

6% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$6,550

AT RATE

recorded at approval

TOTAL INTEREST

$196,025

over 10 yrs

TOTAL REPAID

$786,025

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

SAUK RAPIDS, MN 56379

INDUSTRY

Motorcycle, ATV, and Personal Watercraft Dealers · NAICS 441221

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

LOAN STATUS

Paid in Full

CONGRESSIONAL DIST.

SAUK RAPIDS, MN 56379

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