Property Type: Owner Occupied two-story Restaurant totaling 6,555 SF
Loan Type: CRE Term Loan
Loan Purpose: Cash Out Refinance / Exit High Interest SBA Debt
Loan Amount: $1,925,000
Term: 10 Year Fixed (5/5)
Amortization: 25 Years
Interest Rate: 6.25% for initial 5 Years. Reset at 5-yr Treasury plus 250 BPS
LTV: 75%
Lender Fees: 0.5%
Prepayment Penalty: 5, 4, 3, 2, 1
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