$2.8 Million Manufacturing Loan in TN

Two seasoned performing loans that are collateralized by a 93-year-old machinery manufacturer located in Tennessee.  The loans carry a 7.5% interest rate and mature in October, 2023. The business had gross revenues of over $8 million last year.

Asset Class
C & I
Location
Tennessee
Sale Structure
Individual Loan Relationship
Status
In Market
Seller
Finance Company
Bid Date
03/23/2023

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