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SBA 7(a)Current

MC Mobility Company LLC

Millbrook, ALThe Huntington National BankAll Other General Merchandise Retailers · NAICS 455219
APPROVAL AMOUNT
$275,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-04-19
11.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$3,827
AT RATE
11.25%
recorded at approval
TOTAL INTEREST
$184,258
over 10 yrs
TOTAL REPAID
$459,258

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
Millbrook, AL 36054
INDUSTRY
All Other General Merchandise Retailers · NAICS 455219
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.25%
LOAN STATUS
Current
Millbrook, AL 36054

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