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SBA 7(a)Active, details exempt

Zieco Carriers of Indiana, Inc.

HIGHLAND, INBayFirst National BankGeneral Freight Trucking, Local · NAICS 484110
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
8 years term
APPROVED
2023-06-07
12% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$2,380
AT RATE
12%
recorded at approval
TOTAL INTEREST
$87,986
over 8.3 yrs
TOTAL REPAID
$237,986

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
HIGHLAND, IN 46322
INDUSTRY
General Freight Trucking, Local · NAICS 484110
BUSINESS STRUCTURE
Corporation
LOAN TERM
8 years
INITIAL INTEREST RATE
12%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
HIGHLAND, IN 46322

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