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SBA 7(a)Active, details exempt

SGDJs LLC

FOREST LAKE, MNBayFirst National BankAll Other Personal Services · NAICS 812990
APPROVAL AMOUNT
$84,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2019-05-03
8.25% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$1,786
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$17,816
over 4.8 yrs
TOTAL REPAID
$101,816

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
FOREST LAKE, MN 55025
INDUSTRY
All Other Personal Services · NAICS 812990
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
FOREST LAKE, MN 55025

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