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SBA 7(a)Current

RIDDLE AVENUE REAL ESTATE LLC

Ravenna, OHConsumers National BankHome Health Care Services · NAICS 621610
APPROVAL AMOUNT
$482,000
PROGRAM
SBA 7(a)
20 years term
APPROVED
2025-06-25
8.1% rate
JOBS SUPPORTED
25
Borrower-reported

Estimated monthly payment

MONTHLY
$4,062
AT RATE
8.1%
recorded at approval
TOTAL INTEREST
$492,806
over 20 yrs
TOTAL REPAID
$974,806

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
Ravenna, OH 44266
INDUSTRY
Home Health Care Services · NAICS 621610
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
8.1%
LOAN STATUS
Current
Ravenna, OH 44266

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