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SBA 7(a)Committed, not yet disbursed

NOLO MEDSPA & WELLNESS LLC

NOLENSVILLE, TNU.S. Bank, National AssociationOther Personal Care Services · NAICS 812199
APPROVAL AMOUNT
$80,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-06-20
10.99% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$1,102
AT RATE
10.99%
recorded at approval
TOTAL INTEREST
$52,186
over 10 yrs
TOTAL REPAID
$132,186

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
NOLENSVILLE, TN 37135
INDUSTRY
Other Personal Care Services · NAICS 812199
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.99%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
NOLENSVILLE, TN 37135

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