Find Lenders
SBA 7(a)Active, details exempt

Mago RC, LLC

SCHAUMBURG, ILByline BankFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$1,280,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2016-01-04
6.25% rate
JOBS SUPPORTED
80
Borrower-reported

Estimated monthly payment

MONTHLY
$19,805
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$284,625
over 6.6 yrs
TOTAL REPAID
$1,564,625

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
SCHAUMBURG, IL 60611
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
07
SCHAUMBURG, IL 60611

Other loans from this lender · Byline Bank

View all 6,962 loans from Byline Bank

Nearby loans · within 10 miles