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SBA 7(a)Active, details exempt

TEE BOX GRANGER

GRANGER, INFirst Bank of the LakeSports and Recreation Instruction · NAICS 611620
APPROVAL AMOUNT
$1,078,500
PROGRAM
SBA 7(a)
11 years term
APPROVED
2026-05-22
9.5% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$13,199
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$663,818
over 11 yrs
TOTAL REPAID
$1,742,318

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
GRANGER, IN 46530
INDUSTRY
Sports and Recreation Instruction · NAICS 611620
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
GRANGER, IN 46530

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