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SBA 7(a)Active, details exempt

MENIMA LLC

BARTLETT, TNBayFirst National BankHome Health Care Services · NAICS 621610
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APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-07-11
7.5% rate
JOBS SUPPORTED
100
Borrower-reported

Estimated monthly payment

MONTHLY
$1,781
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$63,663
over 10 yrs
TOTAL REPAID
$213,663

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
BARTLETT, TN 38135
INDUSTRY
Home Health Care Services · NAICS 621610
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
08
BARTLETT, TN 38135

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