The Company is a private utility company that provides access to geothermal electricity, water, and wastewater services to various communities. The Company earns revenue through drilling of geothermal activation for electrical to residential and commercial properties, water and water treatment connections, and service fees. The Company’s expenses include system repair and maintenance, depreciation of the assets, overhead, and interest expense.
| Loan ID | 146 |
| DSCR | 1.42 |
| LTV | 58.8 |
| Note Rate | 4.5 |
| Property Location | GA |
| Type | 237210/221116 |
| Guaranty Type | USDA B&I |
| Loan Term | 30 yrs |
| Rate type | Fixed |
| Note date | N/A |
| Maturity date | N/A |
| Participation Availability Amount | $1,250,000 |
| Minimum Participation Amount | $250,000 |
| Original Loan Amount | $10,000,000 |
| Full Loan Documentation | Link |
| Inquire | Inquire |