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SBA 7(a)Paid in Full

St. Charles Stamping and Tooling

SAINT CHARLES, ILByline BankMetal Crown, Closure, and Other Metal Stamping (except Automotive) · NAICS 332119
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APPROVAL AMOUNT
$745,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-10-09
8% rate
JOBS SUPPORTED
13
Borrower-reported

Estimated monthly payment

MONTHLY
$9,089
AT RATE
8%
recorded at approval
TOTAL INTEREST
$336,542
over 9.9 yrs
TOTAL REPAID
$1,081,542

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
SAINT CHARLES, IL 60174
INDUSTRY
Metal Crown, Closure, and Other Metal Stamping (except Automotive) · NAICS 332119
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
06
SAINT CHARLES, IL 60174

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