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SBA 7(a)Paid in Full

T&M's LLC

CENTERVILLE, MNUnited Midwest Savings Bank National AssociationAll Other Personal Services · NAICS 812990
APPROVAL AMOUNT
$75,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-04-13
6.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$842
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$26,052
over 10 yrs
TOTAL REPAID
$101,052

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
CENTERVILLE, MN 55038
INDUSTRY
All Other Personal Services · NAICS 812990
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
04
CENTERVILLE, MN 55038

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