Find Lenders
SBA 7(a)Active, details exempt

Thassos Authentic Greek Restaurant

CLARENDON HILLS, ILNewtek Bank, National AssociationFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$602,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-08-12
11.5% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$8,464
AT RATE
11.5%
recorded at approval
TOTAL INTEREST
$413,661
over 10 yrs
TOTAL REPAID
$1,015,661

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
CLARENDON HILLS, IL 60514
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
CLARENDON HILLS, IL 60514

Other loans from this lender · Newtek Bank, National Association

View all 12,006 loans from Newtek Bank, National Association

Nearby loans · within 10 miles