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SBA 7(a)Active, details exempt

Progressive Dental Novi PLLC

NOVI, MICapital Community BankOffices of Dentists · NAICS 621210
APPROVAL AMOUNT
$886,500
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-03-03
9.25% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$11,350
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$475,512
over 10 yrs
TOTAL REPAID
$1,362,012

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
NOVI, MI 48375
INDUSTRY
Offices of Dentists · NAICS 621210
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
11
NOVI, MI 48375

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