The subject loan request is for the purchase of commercial real estate/ag land. Subject property is a little over 37 acres and includes fencing of the entire property plus the necessary infrastructure for managing the ranch operation and their heavy equipment operation.
Loan ID | 160 |
DSCR | 2.04 |
LTV | 78.00 |
Note Rate | 6.00 |
Property Location | HI |
Type | 484110 |
Guaranty Type | SBA |
Loan Term | 20 yrs |
Rate type | Var |
Note date | 04/01/2022 |
Maturity date | 04/01/2042 |
Participation Availability Amount | $0 |
Minimum Participation Amount | $258,000 |
Original Loan Amount | $1,720,000 |
Full Loan Documentation | Link |
Inquire | Inquire |