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SBA 7(a)Current

STARLAB CORP

River Grove, ILLendingClub Bank, National AssociationMedical Laboratories · NAICS 621511
APPROVAL AMOUNT
$3,529,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2021-07-29
4% rate
JOBS SUPPORTED
58
Borrower-reported

Estimated monthly payment

MONTHLY
$18,380
AT RATE
4%
recorded at approval
TOTAL INTEREST
$2,113,786
over 25.6 yrs
TOTAL REPAID
$5,642,786

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
River Grove, IL 60171
INDUSTRY
Medical Laboratories · NAICS 621511
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
4%
LOAN STATUS
Current
River Grove, IL 60171

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