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SBA 7(a)Active, details exempt

MyWoosah INC TX

ROSWELL, GAReadycap Lending, LLCChild Care Services · NAICS 624410
APPROVAL AMOUNT
$1,854,000
PROGRAM
SBA 7(a)
9 years term
APPROVED
2023-06-29
11% rate
JOBS SUPPORTED
55
Borrower-reported

Estimated monthly payment

MONTHLY
$27,572
AT RATE
11%
recorded at approval
TOTAL INTEREST
$1,041,067
over 8.8 yrs
TOTAL REPAID
$2,895,067

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
ROSWELL, GA 30075
INDUSTRY
Child Care Services · NAICS 624410
BUSINESS STRUCTURE
Corporation
LOAN TERM
9 years
INITIAL INTEREST RATE
11%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
ROSWELL, GA 30075

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