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SBA 7(a)Active, details exempt

Pretty Girls Get Waxed Incorporated

CORDOVA, TNReadycap Lending, LLCBeauty Salons · NAICS 812112
APPROVAL AMOUNT
$500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-01-31
11.25% rate
JOBS SUPPORTED
39
Borrower-reported

Estimated monthly payment

MONTHLY
$6,958
AT RATE
11.25%
recorded at approval
TOTAL INTEREST
$335,014
over 10 yrs
TOTAL REPAID
$835,014

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
CORDOVA, TN 38018
INDUSTRY
Beauty Salons · NAICS 812112
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
07
CORDOVA, TN 38018

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