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SBA 7(a)Paid in Full

PREM RELIANCE INC

BARRINGTON, ILVillage Bank and Trust, National AssociationRecyclable Material Merchant Wholesalers · NAICS 423930
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2012-02-10
6.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$1,473
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$23,721
over 7 yrs
TOTAL REPAID
$123,721

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
BARRINGTON, IL 60010
INDUSTRY
Recyclable Material Merchant Wholesalers · NAICS 423930
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
06
BARRINGTON, IL 60010

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