SBA 7(a)Committed, not yet disbursed

Olympic Auto Spa & Car Wash, LLC

MOUNT PROSPECT, ILFulton Bank, National AssociationCar Washes · NAICS 811192

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APPROVAL AMOUNT

$1,766,000

PROGRAM

SBA 7(a)

26 years term

APPROVED

2026-06-23

9.25% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$15,024

AT RATE

9.25%

recorded at approval

TOTAL INTEREST

$2,861,501

over 25.7 yrs

TOTAL REPAID

$4,627,501

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

MOUNT PROSPECT, IL 60056

INDUSTRY

Car Washes · NAICS 811192

BUSINESS STRUCTURE

Corporation

LOAN TERM

26 years

INITIAL INTEREST RATE

9.25%

LOAN STATUS

Committed, not yet disbursed

CONGRESSIONAL DIST.

MOUNT PROSPECT, IL 60056

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