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SBA 7(a)Paid in Full

Windcrest LLC

Young America, MNCommunity Resource Bank"All Other Professional, Scientific, and Technical Services" · NAICS 541990
APPROVAL AMOUNT
$225,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-09-26
6.5% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$2,555
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$81,580
over 10 yrs
TOTAL REPAID
$306,580

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
Young America, MN 55397
INDUSTRY
"All Other Professional, Scientific, and Technical Services" · NAICS 541990
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Paid in Full
Young America, MN 55397

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