Find Lenders
SBA 7(a)Active, details exempt

MICHIGAN NEUROSURGICAL INSTITUTE, P.C.

GRAND BLANC, MINewtek Small Business Finance, Inc.Offices of Physicians (except Mental Health Specialists) · NAICS 621111
APPROVAL AMOUNT
$600,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2019-02-08
8.25% rate
JOBS SUPPORTED
17
Borrower-reported

Estimated monthly payment

MONTHLY
$11,620
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$143,676
over 5.3 yrs
TOTAL REPAID
$743,676

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
GRAND BLANC, MI 48439
INDUSTRY
Offices of Physicians (except Mental Health Specialists) · NAICS 621111
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
05
GRAND BLANC, MI 48439

Other loans from this lender · Newtek Small Business Finance, Inc.

View all 10,748 loans from Newtek Small Business Finance, Inc.

Nearby loans · within 10 miles