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SBA 7(a)Active, details exempt

P&J Plus Two, Incorporated

ORLAND PARK, ILThe Huntington National BankLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$530,000
PROGRAM
SBA 7(a)
8 years term
APPROVED
2020-04-21
6% rate
JOBS SUPPORTED
27
Borrower-reported

Estimated monthly payment

MONTHLY
$6,801
AT RATE
6%
recorded at approval
TOTAL INTEREST
$143,250
over 8.3 yrs
TOTAL REPAID
$673,250

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
ORLAND PARK, IL 60462
INDUSTRY
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
8 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
ORLAND PARK, IL 60462

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