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Loan 3355 – 111 & 117 N. Sacramento & 7th W. Elm Street- Lodi, CA 95240
Property Address
111 & 117 N. Sacramento & 7th W. Elm Street- Lodi, CA 95240
Loan Number: 3355
Appraised Value: $612,000.00
Loan Amount: $300,000.00
Loan Position: 1st
Interest: 10%
LTV (Loan to Value): 49%
Term: 60 Months
Specifics
SPECIFICS: This is a refinance transaction of a 1,400 sq ft mexican restaurant with a 2,220 sq ft bar and a large parking lot. We are paying off the 1st and they will be getting a very small amount for rehab.
