This entertainment center was first founded in 2008. The affiliated group now includes centers all over Texas and Oklahoma. Each center is slightly different from each other but all include multiple screens (different movies on each screen) and chef cooked food delivered to your theater seat by a “food runner” or eaten in the dining area as well as the offering of beer and wine.
Some may include a laser-tag area, arcade, a go-kart arena, or bowling lanes and escape rooms (where mental puzzles are solved). Each center is designed to be a family-first entertainment and dining location. Specifically, this center in Texas, which has 14 screens (including 2 “drive-in” screens), bowling alley, game arcade, laser-tag, and an escape room.
| Loan ID | 0134 |
| DSCR | .09 |
| LTV | 36 |
| Note Rate | 5.75 |
| Property Location | TX |
| NAICS | 512131 |
| Guaranty Type | USDA CARES |
| Loan Term | 10 yrs |
| Rate type | Var |
| Note date | 12/14/2020 |
| Maturity date | 14/12/2030 |
| Participation Availability Amount | $0 |
| Minimum Participation Amount | $250,000 |
| Original Loan Amount | $10,000,000 |
| Full Loan Documentation | Link |
| Inquire | Inquire |