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SBA 7(a)Active, details exempt

Twitch Trucking, LLC

COTTAGE GROVE, MNHiawatha National BankSpecialized Freight (except Used Goods) Trucking, Local · NAICS 484220
APPROVAL AMOUNT
$246,400
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-03-07
5.5% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$2,674
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$74,490
over 10 yrs
TOTAL REPAID
$320,890

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
COTTAGE GROVE, MN 55016
INDUSTRY
Specialized Freight (except Used Goods) Trucking, Local · NAICS 484220
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
COTTAGE GROVE, MN 55016

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