Find Lenders
SBA 7(a)Committed, not yet disbursed

MJ2 Enterprise, Inc.

CLOQUET, MNFirst Bank of the LakeWindow Treatment Retailers · NAICS 449122
APPROVAL AMOUNT
$25,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-10-21
9% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$317
AT RATE
9%
recorded at approval
TOTAL INTEREST
$13,003
over 10 yrs
TOTAL REPAID
$38,003

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
CLOQUET, MN 55720
INDUSTRY
Window Treatment Retailers · NAICS 449122
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
08
CLOQUET, MN 55720

Other loans from this lender · First Bank of the Lake

View all 2,452 loans from First Bank of the Lake

Nearby loans · within 10 miles