SBA 7(a)Active, details exempt

Miller Investment Ventures, LLC.

NORTH PALM BEACH, FLThe Huntington National BankRoofing Contractors · NAICS 238160

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APPROVAL AMOUNT

$311,500

PROGRAM

SBA 7(a)

10 years term

APPROVED

2023-01-20

10.25% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$4,160

AT RATE

10.25%

recorded at approval

TOTAL INTEREST

$187,669

over 10 yrs

TOTAL REPAID

$499,169

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

NORTH PALM BEACH, FL 33408

INDUSTRY

Roofing Contractors · NAICS 238160

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

10.25%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

NORTH PALM BEACH, FL 33408

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