The subject loan request is for the purchase of commercial real estate/ag land. Subject property is a little over 37 acres and includes fencing of the entire property plus the necessary infrastructure for managing the ranch operation and their heavy equipment operation.

Loan ID 0160
DSCR 2.04
LTV 78.00
Note Rate 6.00
Property Location HI
NAICS 484110
Guaranty Type SBA
Loan Term 20 yrs
Rate type Var
Note date 04/01/2022
Maturity date 04/01/2042
Participation Availability Amount $0
Minimum Participation Amount $258,000
Original Loan Amount $1,720,000
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