SBA 7(a)Current

Niya Siya Hospitality LLC

River Grove, ILMillennium BankHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$3,177,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2023-12-29

10.25% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$29,431

AT RATE

10.25%

recorded at approval

TOTAL INTEREST

$5,652,359

over 25 yrs

TOTAL REPAID

$8,829,359

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

River Grove, IL 60171

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

10.25%

LOAN STATUS

Current

River Grove, IL 60171

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