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Business term loan · servicing view (simulated)

Corvane Auto Repair

Northgate Credit Union
Simulated date: Oct 6, 2026
Status
Active
Owed
$0.00
Days past due
None
Funded
$80,000 by AFT2026-10-07 · 23 h to fund

Before funding

  • Branch Manager sign-off (maker-checker)Cleared 2026-10-01, 11:00

Funds are sent only after every check clears. This loan was ready at 2026-10-06, 10:00.

The borrower's account is at a provincially regulated credit union. Open Corvane Auto Repair's application file

Timeline

  1. Nothing yet. Fast-forward to see collections.

Schedule

  • 2026-11-02$1,631.71
  • 2026-12-01$1,631.71
  • 2027-01-04$1,631.71
  • 2027-02-01$1,631.71
  • 2027-03-01$1,631.71
  • 2027-04-01$1,631.71
  • 2027-05-03$1,631.71
  • 2027-06-01$1,631.71
  • 2027-07-02$1,631.71
  • 2027-08-02$1,631.71
  • 2027-09-01$1,631.71
  • 2027-10-01$1,631.71

First 12 of 60 debits.

Ledger (double entry)

Debits $0.00 = credits $0.00 ✓

Journal entries for this loan up to 2026-10-06
DateEntry · accountDebitCreditOwed after

Interest and timings are illustrative. Entries are never edited; corrections are reversing entries.