Find Lenders
SBA 7(a)Paid in Full

Loadfast Rentals LLC

Marengo, ILBarrington Bank & Trust Company, National AssociationOther Building Equipment Contractors · NAICS 238290
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2014-04-16
5.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$5,071
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$75,977
over 7 yrs
TOTAL REPAID
$425,977

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
Marengo, IL 60152
INDUSTRY
Other Building Equipment Contractors · NAICS 238290
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Paid in Full
Marengo, IL 60152

Other loans from this lender · Barrington Bank & Trust Company, National Association

View all 108 loans from Barrington Bank & Trust Company, National Association

Nearby loans · within 10 miles