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SBA 7(a)Active, details exempt

Skinova Aesthetics LLC

BARRINGTON, ILBarrington Bank & Trust Company, National AssociationBeauty Salons · NAICS 812112
APPROVAL AMOUNT
$306,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-22
7.25% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$3,592
AT RATE
7.25%
recorded at approval
TOTAL INTEREST
$125,097
over 10 yrs
TOTAL REPAID
$431,097

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
BARRINGTON, IL 60010
INDUSTRY
Beauty Salons · NAICS 812112
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
BARRINGTON, IL 60010

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