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SBA 7(a)Active, details exempt

Ronin Investments LLC

GREELEY, COThe Huntington National BankLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$917,500
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-04-05
11% rate
JOBS SUPPORTED
17
Borrower-reported

Estimated monthly payment

MONTHLY
$12,639
AT RATE
11%
recorded at approval
TOTAL INTEREST
$599,128
over 10 yrs
TOTAL REPAID
$1,516,628

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
GREELEY, CO 80634
INDUSTRY
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
GREELEY, CO 80634

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