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SBA 7(a)Paid in Full

The Blackstone Golf Property Owners Assocation, LLC

Marengo, ILCapital Bank, National AssociationGolf Courses and Country Clubs · NAICS 713910
APPROVAL AMOUNT
$1,700,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2012-06-11
6% rate
JOBS SUPPORTED
33
Borrower-reported

Estimated monthly payment

MONTHLY
$10,953
AT RATE
6%
recorded at approval
TOTAL INTEREST
$1,585,937
over 25 yrs
TOTAL REPAID
$3,285,937

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
Marengo, IL 60152
INDUSTRY
Golf Courses and Country Clubs · NAICS 713910
BUSINESS STRUCTURE
Partnership
LOAN TERM
25 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Marengo, IL 60152

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