Commercial Real Estate Loan · May 01, 2020

Transportation Company

We provided an owner occupied commercial real estate, or OOCRE, loan to a transportation company specializing in dry bulk transportation. Their main customer base is the Rocky Mountain and Southwestern Regions, but they continue to expand their service area.


Deal Type

OOCRE loan

Location

Farmington, NM

Company Revenue

$16,000,000

Term Loan

$1,700,000 for 15 years

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