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
ROYAL OAK, MI 48073
INDUSTRY
Offices of Physicians (except Mental Health Specialists) · NAICS 621111
BUSINESS STRUCTURE
Corporation
LOAN TERM
9 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
09
ROYAL OAK, MI 48073
Other loans from this lender · Newtek Bank, National Association