Find Lenders
SBA 7(a)Paid in Full

PIERCE ENTERTAINMENT LLC (OC)

Chesaning, MIChoiceOne BankFull-Service Restaurants · NAICS 722110
APPROVAL AMOUNT
$300,000
PROGRAM
SBA 7(a)
16 years term
APPROVED
2009-04-22
6% rate
JOBS SUPPORTED
30
Borrower-reported

Estimated monthly payment

MONTHLY
$2,434
AT RATE
6%
recorded at approval
TOTAL INTEREST
$167,388
over 16 yrs
TOTAL REPAID
$467,388

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
Chesaning, MI 48616
INDUSTRY
Full-Service Restaurants · NAICS 722110
BUSINESS STRUCTURE
Corporation
LOAN TERM
16 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Chesaning, MI 48616

Other loans from this lender · ChoiceOne Bank

View all 963 loans from ChoiceOne Bank

Nearby loans · within 10 miles