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SBA 7(a)Active, details exempt

ZC3,LLC

DAVIE, FL22nd State Bank, A Division of 22nd State Banking CompanyTelemarketing Bureaus and Other Contact Centers · NAICS 561422
APPROVAL AMOUNT
$1,410,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-02-17
11.5% rate
JOBS SUPPORTED
22
Borrower-reported

Estimated monthly payment

MONTHLY
$19,824
AT RATE
11.5%
recorded at approval
TOTAL INTEREST
$968,875
over 10 yrs
TOTAL REPAID
$2,378,875

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
DAVIE, FL 33328
INDUSTRY
Telemarketing Bureaus and Other Contact Centers · NAICS 561422
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
23
DAVIE, FL 33328

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