Find Lenders
SBA 7(a)Active, details exempt

Specter BFN LLC

CHICAGO, ILHinsdale Bank & Trust Company, National AssociationCoin-Operated Laundries and Drycleaners · NAICS 812310
APPROVAL AMOUNT
$1,480,300
PROGRAM
SBA 7(a)
14 years term
APPROVED
2026-04-30
6.85% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$13,725
AT RATE
6.85%
recorded at approval
TOTAL INTEREST
$825,465
over 14 yrs
TOTAL REPAID
$2,305,765

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
CHICAGO, IL 60632
INDUSTRY
Coin-Operated Laundries and Drycleaners · NAICS 812310
BUSINESS STRUCTURE
Corporation
LOAN TERM
14 years
INITIAL INTEREST RATE
6.85%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
CHICAGO, IL 60632

Other loans from this lender · Hinsdale Bank & Trust Company, National Association

View all 180 loans from Hinsdale Bank & Trust Company, National Association

Nearby loans · within 10 miles