I'm wanting to add an interest component to a long term loan liability account. A new rule that will make it easier for small business owners to refinance debt using the SBA 504 Loan Program, empowering them to reduce their debt payments.It is more general inquiry to confirm that interest should be rather charge on whole amount of a loan than just on amount exceeding 10 000. The SAVE plan is an incomedriven repayment (IDR) plan that calculates payments based on a borrower's income and family size not their loan balance. BMO offers a wide range of personal and business banking services, including bank accounts, mortgages, credit cards, loans and more. This should disclose the loan amount, along with the main conditions, interest rate, and any amounts to be repaid or written off.