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SBA 7(a)Current

MACF HOLDINGS LLC

Chesaning, MIThe Huntington National BankFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$613,800
PROGRAM
SBA 7(a)
21 years term
APPROVED
2025-09-02
6.99% rate
JOBS SUPPORTED
83
Borrower-reported

Estimated monthly payment

MONTHLY
$4,652
AT RATE
6.99%
recorded at approval
TOTAL INTEREST
$558,445
over 21 yrs
TOTAL REPAID
$1,172,245

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
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
21 years
INITIAL INTEREST RATE
6.99%
LOAN STATUS
Current
Chesaning, MI 48616

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