SBA 7(a)Paid in Full

Luna Enterprises, LLC

CHESANING, MILake Trust CUGasoline Stations with Convenience Stores · NAICS 447110

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APPROVAL AMOUNT

$287,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2016-03-30

5.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$3,150

AT RATE

5.75%

recorded at approval

TOTAL INTEREST

$91,045

over 10 yrs

TOTAL REPAID

$378,045

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

CHESANING, MI 48616

INDUSTRY

Gasoline Stations with Convenience Stores · NAICS 447110

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

5.75%

LOAN STATUS

Paid in Full

CONGRESSIONAL DIST.

CHESANING, MI 48616

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