p2p lending at lending club
The Jet Shack, seeking bill consolidation and expansion loan
Homeownership Verified

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Listing Information
Amount: $3,001.00 Status: Loan created
Grade: B DTI: 36%
Lender Rate: 12% Borrower: TheJetShack
Time Left: Finished State: GA
Funded: 100% Group: Elite Business Professionals & Investors
Loan Information
Loan Status: Default Origination Date: 2006-07-19 EricsCC ROI: -63%
Status History
Jul 18, 2006 Current
Jan 05, 2007 Late
Jan 20, 2007 1 month late
Feb 19, 2007 2 months late
Mar 19, 2007 3+ months late
Jun 01, 2007 Default
<span id="ctrlDescription_ctrlDescription_l">The Jet Shack, a new online retailer rapidly expandings its inventory, is seeking a bill consolidation loan to lower interest and pay off debt acquired to start the business faster. Currently, sales are averaging over 1000 dollars per month, and these are from orders forwarded to us from the manufacturer. We have not started public sales yet, and to already average over 1000 dollars a month in sales in very encouraging to us. We specialize in die cast and plastic model airliners, and already we have an inventory of over 10,000 dollars worth. We are adding items to our site and expect to go public in June. I, the owner of The Jet Shack, also have a job as a Systems Engineer, with a salary of 45,000 per year, further securing this loan if needed. As of now, The Jet Shack pays all its bills from the profits it has made to date. I have not had to fund much personally except the initial inventory, and the design of the web site. Please ask me if you have any questions, and I will be glad to answer. Thanks for your time and consideration, and I hope to hear from people soon. Please check out our site located at www.thejetshack.com for more information. We expect to be live in the next 2 weeks for public orders, so please point out anything you think could use improvement, as we want things to be perfect before going live.
Borrower's Other Listings
15364 The Jet Shack, new business bill consolidation loan. B $10,000 @ 6% May 23, 2006 Withdrawn
15367 The Jet Shack, looking for a bill consolidation loan. B $10,000 @ 6% May 23, 2006 Withdrawn
15757 The Jet Shack, small business looking to consolidate debt. B $9,000 @ 14% May 25, 2006 Withdrawn
15759 The Jet Shack, small business looking to consolidate debt. B $8,900 @ 14% May 25, 2006 Withdrawn
16211 The Jet Shack, seeking a bill consolidation loan. B $9,000 @ 14% May 27, 2006 Expired
21223 The Jet Shack, seeking bill consolidation loan B $5,000 @ 10% Jun 22, 2006 Expired

 

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