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SBA 7(a)Paid in Full

W B Hamel DDS PC

Clarendon Hills, ILHinsdale Bank & Trust Company, National AssociationOffices of Dentists · NAICS 621210
APPROVAL AMOUNT
$550,000
PROGRAM
SBA 7(a)
20 years term
APPROVED
2021-11-19
4.75% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$3,554
AT RATE
4.75%
recorded at approval
TOTAL INTEREST
$303,015
over 20 yrs
TOTAL REPAID
$853,015

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
Clarendon Hills, IL 60514
INDUSTRY
Offices of Dentists · NAICS 621210
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
4.75%
LOAN STATUS
Paid in Full
Clarendon Hills, IL 60514

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