SBA 7(a)Active, details exempt

LIGHTNING TRANS LLC

PARMA HEIGHTS, OHThe Huntington National BankGeneral Freight Trucking, Long-Distance, Truckload · NAICS 484121

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APPROVAL AMOUNT

$150,000

PROGRAM

SBA 7(a)

7 years term

APPROVED

2022-04-14

6.85% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$2,253

AT RATE

6.85%

recorded at approval

TOTAL INTEREST

$39,245

over 7 yrs

TOTAL REPAID

$189,245

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

PARMA HEIGHTS, OH 44130

INDUSTRY

General Freight Trucking, Long-Distance, Truckload · NAICS 484121

BUSINESS STRUCTURE

Corporation

LOAN TERM

7 years

INITIAL INTEREST RATE

6.85%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

PARMA HEIGHTS, OH 44130

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