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SBA 7(a)Active, details exempt

Vandercook Electronic Concierge, LLC

SHELBYVILLE, KYFirst Financial BankConsumer Electronics Repair and Maintenance · NAICS 811211
APPROVAL AMOUNT
$40,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2017-08-17
5.5% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$434
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$12,093
over 10 yrs
TOTAL REPAID
$52,093

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
SHELBYVILLE, KY 40065
INDUSTRY
Consumer Electronics Repair and Maintenance · NAICS 811211
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
SHELBYVILLE, KY 40065

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