SBA 7(a)Paid in Full

STA Transportation LLC

EASTPOINTE, MIThe Huntington National BankGeneral Freight Trucking, Long-Distance, Truckload · NAICS 484121

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APPROVAL AMOUNT

$150,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2021-03-24

5.25% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$1,609

AT RATE

5.25%

recorded at approval

TOTAL INTEREST

$43,125

over 10 yrs

TOTAL REPAID

$193,125

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

EASTPOINTE, MI 48021

INDUSTRY

General Freight Trucking, Long-Distance, Truckload · NAICS 484121

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

5.25%

LOAN STATUS

Paid in Full

CONGRESSIONAL DIST.

EASTPOINTE, MI 48021

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