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SBA 7(a)Active, details exempt

Little Rock Urban Air, LLC

LITTLE ROCK, ARSimmons BankAll Other Amusement and Recreation Industries · NAICS 713990
APPROVAL AMOUNT
$1,712,300
PROGRAM
SBA 7(a)
4 years term
APPROVED
2018-08-29
7.5% rate
JOBS SUPPORTED
70
Borrower-reported

Estimated monthly payment

MONTHLY
$45,535
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$245,697
over 3.6 yrs
TOTAL REPAID
$1,957,997

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
LITTLE ROCK, AR 72211
INDUSTRY
All Other Amusement and Recreation Industries · NAICS 713990
BUSINESS STRUCTURE
Corporation
LOAN TERM
4 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
LITTLE ROCK, AR 72211

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