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SBA 7(a)Active, details exempt

MIDDLE TN FITNESS LLC

SPRING HILL, TNFirst Financial Bank, National AssociationFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$279,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-06-28
7% rate
JOBS SUPPORTED
21
Borrower-reported

Estimated monthly payment

MONTHLY
$3,239
AT RATE
7%
recorded at approval
TOTAL INTEREST
$109,731
over 10 yrs
TOTAL REPAID
$388,731

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
SPRING HILL, TN 37174
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
SPRING HILL, TN 37174

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