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SBA 7(a)Active, details exempt

V-Care Home Health, LLC

DALLAS, TXLive Oak Banking CompanyServices for the Elderly and Persons with Disabilities · NAICS 624120
APPROVAL AMOUNT
$4,000,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-06-16
10.25% rate
JOBS SUPPORTED
100
Borrower-reported

Estimated monthly payment

MONTHLY
$53,416
AT RATE
10.25%
recorded at approval
TOTAL INTEREST
$2,409,872
over 10 yrs
TOTAL REPAID
$6,409,872

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
DALLAS, TX 75219
INDUSTRY
Services for the Elderly and Persons with Disabilities · NAICS 624120
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
30
DALLAS, TX 75219

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