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SBA 7(a)Current

RC Allen of Ohio, LLC

Parma Heights, OHKeyBank National AssociationInsurance Agencies and Brokerages · NAICS 524210
APPROVAL AMOUNT
$145,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2017-12-20
7% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$1,025
AT RATE
7%
recorded at approval
TOTAL INTEREST
$162,449
over 25 yrs
TOTAL REPAID
$307,449

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
Parma Heights, OH 44130
INDUSTRY
Insurance Agencies and Brokerages · NAICS 524210
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Current
Parma Heights, OH 44130

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