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SBA 7(a)Committed, not yet disbursed

NELTOR PETRO LLC

WEST CHICAGO, ILByline BankGasoline Stations with Convenience Stores · NAICS 457110
APPROVAL AMOUNT
$1,270,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-29
9% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$10,658
AT RATE
9%
recorded at approval
TOTAL INTEREST
$1,927,338
over 25 yrs
TOTAL REPAID
$3,197,338

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
WEST CHICAGO, IL 60185
INDUSTRY
Gasoline Stations with Convenience Stores · NAICS 457110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
WEST CHICAGO, IL 60185

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