SBA 7(a)Paid in Full

MJ Siding & Construction LLC

MIDDLEFIELD, OHThe Huntington National BankAll Other Specialty Trade Contractors · NAICS 238990

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APPROVAL AMOUNT

$65,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2021-06-14

5.5% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$705

AT RATE

5.5%

recorded at approval

TOTAL INTEREST

$19,650

over 10 yrs

TOTAL REPAID

$84,650

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

MIDDLEFIELD, OH 44062

INDUSTRY

All Other Specialty Trade Contractors · NAICS 238990

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

5.5%

LOAN STATUS

Paid in Full

CONGRESSIONAL DIST.

MIDDLEFIELD, OH 44062

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