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SBA 7(a)Committed, not yet disbursed

Lindsays School of Dance LLC

WAPAKONETA, OHThe Huntington National BankDance Companies · NAICS 711120
APPROVAL AMOUNT
$50,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2024-10-14
10% rate
JOBS SUPPORTED
52
Borrower-reported

Estimated monthly payment

MONTHLY
$830
AT RATE
10%
recorded at approval
TOTAL INTEREST
$19,725
over 7 yrs
TOTAL REPAID
$69,725

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
WAPAKONETA, OH 45895
INDUSTRY
Dance Companies · NAICS 711120
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
10%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
WAPAKONETA, OH 45895

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