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SBA 7(a)Current

QFA Pros LLC

Clarendon Hills, ILLive Oak Banking CompanyOffices of Certified Public Accountants · NAICS 541211
APPROVAL AMOUNT
$3,375,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-06-10
6% rate
JOBS SUPPORTED
22
Borrower-reported

Estimated monthly payment

MONTHLY
$37,469
AT RATE
6%
recorded at approval
TOTAL INTEREST
$1,121,330
over 10 yrs
TOTAL REPAID
$4,496,330

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
Clarendon Hills, IL 60514
INDUSTRY
Offices of Certified Public Accountants · NAICS 541211
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Current
Clarendon Hills, IL 60514

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