SBA 7(a)Charged Off

TEM Capital, LLC

GRAND BLANC, MISimmons BankGeneral Freight Trucking, Long-Distance, Truckload · NAICS 484121

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APPROVAL AMOUNT

$1,065,000

PROGRAM

SBA 7(a)

5 years term

APPROVED

2011-04-18

6% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$19,749

AT RATE

recorded at approval

TOTAL INTEREST

$179,168

over 5.3 yrs

TOTAL REPAID

$1,244,168

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

GRAND BLANC, MI 48439

INDUSTRY

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

BUSINESS STRUCTURE

Corporation

LOAN TERM

5 years

INITIAL INTEREST RATE

LOAN STATUS

Charged Off

CONGRESSIONAL DIST.

GRAND BLANC, MI 48439

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