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SBA 7(a)CANCLD

New Solutions North America Corp.

Norwalk, OHFirst Commonwealth Bank"Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers" · NAICS 423450
APPROVAL AMOUNT
$908,900
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-11-02
8.75% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$11,217
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$470,806
over 10.3 yrs
TOTAL REPAID
$1,379,706

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
Norwalk, OH 44857
INDUSTRY
"Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers" · NAICS 423450
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
CANCLD
Norwalk, OH 44857

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