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SBA 7(a)Active, details exempt

Milwaukee Asian Market Building #1 LLC

MILWAUKEE, WIByline BankSupermarkets and Other Grocery (except Convenience) Stores · NAICS 445110
APPROVAL AMOUNT
$3,346,300
PROGRAM
SBA 7(a)
19 years term
APPROVED
2014-06-10
6% rate
JOBS SUPPORTED
53
Borrower-reported

Estimated monthly payment

MONTHLY
$24,404
AT RATE
6%
recorded at approval
TOTAL INTEREST
$2,315,415
over 19.3 yrs
TOTAL REPAID
$5,661,715

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
MILWAUKEE, WI 53223
INDUSTRY
Supermarkets and Other Grocery (except Convenience) Stores · NAICS 445110
BUSINESS STRUCTURE
Corporation
LOAN TERM
19 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
MILWAUKEE, WI 53223

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