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SBA 7(a)Active, details exempt

North Kansas City Hospitality LLC

KANSAS CITY, MOUS Metro BankHotels (except Casino Hotels) and Motels · NAICS 721110
APPROVAL AMOUNT
$3,780,000
PROGRAM
SBA 7(a)
23 years term
APPROVED
2022-11-17
8% rate
JOBS SUPPORTED
17
Borrower-reported

Estimated monthly payment

MONTHLY
$29,917
AT RATE
8%
recorded at approval
TOTAL INTEREST
$4,537,037
over 23.2 yrs
TOTAL REPAID
$8,317,037

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
KANSAS CITY, MO 64116
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
23 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
05
KANSAS CITY, MO 64116

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