Find Lenders
SBA 7(a)Committed, not yet disbursed

Power City LLC

WHEELING, ILBusey BankOutdoor Power Equipment Retailers · NAICS 444230
APPROVAL AMOUNT
$835,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-08
9% rate
JOBS SUPPORTED
18
Borrower-reported

Estimated monthly payment

MONTHLY
$10,418
AT RATE
9%
recorded at approval
TOTAL INTEREST
$446,452
over 10.3 yrs
TOTAL REPAID
$1,281,452

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
WHEELING, IL 60090
INDUSTRY
Outdoor Power Equipment Retailers · NAICS 444230
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
08
WHEELING, IL 60090

Other loans from this lender · Busey Bank

View all 2,174 loans from Busey Bank

Nearby loans · within 10 miles