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SBA 7(a)Current

VIG TRUCKING, INC.

Norridge, ILLendistry SBLC, LLC"General Freight Trucking, Long-Distance, Truckload" · NAICS 484121
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APPROVAL AMOUNT
$500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-02-17
10.5% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$6,747
AT RATE
10.5%
recorded at approval
TOTAL INTEREST
$309,610
over 10 yrs
TOTAL REPAID
$809,610

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
Norridge, IL 60706
INDUSTRY
"General Freight Trucking, Long-Distance, Truckload" · NAICS 484121
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.5%
LOAN STATUS
Current
Norridge, IL 60706

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