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SBA 7(a)Active, details exempt

MIG GROUP LLC

IRONTON, OHThe Huntington National BankCommercial Printing (except Screen and Books) · NAICS 323111
APPROVAL AMOUNT
$309,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2019-09-05
7.75% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$6,796
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$57,994
over 4.5 yrs
TOTAL REPAID
$366,994

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
IRONTON, OH 45638
INDUSTRY
Commercial Printing (except Screen and Books) · NAICS 323111
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
IRONTON, OH 45638

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