SBA 7(a)Committed, not yet disbursed

SCANDIA CAPITAL PARTNERS LLC

WHITE BEAR LAKE, MNFirst Bank & TrustAssisted Living Facilities for the Elderly · NAICS 623312

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APPROVAL AMOUNT

$200,000

PROGRAM

SBA 7(a)

6 years term

APPROVED

2024-11-13

9.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$3,680

AT RATE

9.75%

recorded at approval

TOTAL INTEREST

$64,960

over 6 yrs

TOTAL REPAID

$264,960

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

WHITE BEAR LAKE, MN 55110

INDUSTRY

Assisted Living Facilities for the Elderly · NAICS 623312

BUSINESS STRUCTURE

Corporation

LOAN TERM

6 years

INITIAL INTEREST RATE

9.75%

LOAN STATUS

Committed, not yet disbursed

CONGRESSIONAL DIST.

WHITE BEAR LAKE, MN 55110

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