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SBA 7(a)Committed, not yet disbursed

Piper Events Inc

SAINT CHARLES, ILSt. Charles Bank & Trust Company, National AssociationAll Other Consumer Goods Rental · NAICS 532289
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2026-06-16
7.75% rate
JOBS SUPPORTED
30
Borrower-reported

Estimated monthly payment

MONTHLY
$1,546
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$29,880
over 7 yrs
TOTAL REPAID
$129,880

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
SAINT CHARLES, IL 60174
INDUSTRY
All Other Consumer Goods Rental · NAICS 532289
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
SAINT CHARLES, IL 60174

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