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SBA 7(a)Active, details exempt

RAINMAKER HEALTH SOLUTIONS INC.

OCOEE, FLThe Huntington National BankOffices of Optometrists · NAICS 621320
APPROVAL AMOUNT
$635,500
PROGRAM
SBA 7(a)
7 years term
APPROVED
2020-04-21
5.5% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$8,792
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$138,187
over 7.3 yrs
TOTAL REPAID
$773,687

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
OCOEE, FL 34761
INDUSTRY
Offices of Optometrists · NAICS 621320
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
10
OCOEE, FL 34761

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