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SBA 7(a)Paid in Full

Striker Brands LLC

HUDSON, WIChoice Financial GroupMen's and Boys' Clothing and Furnishings Merchant Wholesalers · NAICS 424320
APPROVAL AMOUNT
$1,000,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-08-02
6.5% rate
JOBS SUPPORTED
17
Borrower-reported

Estimated monthly payment

MONTHLY
$11,355
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$362,576
over 10 yrs
TOTAL REPAID
$1,362,576

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
HUDSON, WI 54016
INDUSTRY
Men's and Boys' Clothing and Furnishings Merchant Wholesalers · NAICS 424320
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
07
HUDSON, WI 54016

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