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SBA 7(a)CANCLD

Little Learners Childcare Poolesville LLC

Poolesville, MDManufacturers and Traders Trust CompanyChild Day Care Services · NAICS 624410
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-07-19
11% rate
JOBS SUPPORTED
23
Borrower-reported

Estimated monthly payment

MONTHLY
$1,378
AT RATE
11%
recorded at approval
TOTAL INTEREST
$65,300
over 10 yrs
TOTAL REPAID
$165,300

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
Poolesville, MD 20837
INDUSTRY
Child Day Care Services · NAICS 624410
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11%
LOAN STATUS
CANCLD
Poolesville, MD 20837

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