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SBA 7(a)Paid in Full

PRECISION SOUND & LIGHTING, INC.

Indian Creek, ILCitizens Bank, National AssociationAll Other Consumer Goods Rental · NAICS 532299
APPROVAL AMOUNT
$25,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2011-12-13
9% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$402
AT RATE
9%
recorded at approval
TOTAL INTEREST
$8,787
over 7 yrs
TOTAL REPAID
$33,787

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
Indian Creek, IL 60061
INDUSTRY
All Other Consumer Goods Rental · NAICS 532299
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Paid in Full
Indian Creek, IL 60061

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