$4.95MM USDA Food Supply Chain (FSC) guaranteed loan to refinance interim loan, provide working capital and finance loan costs.

The interim bridge loan has a 60 day term, interest only, fixed at a 5% interest rate, the refinance undertaken by the Lender at its own

risk. The Borrower originally made an FSC guaranteed loan request to acquire a Custom Meats company, but this request could not be closed

and boarded by the 8/31/22 Purchase Sale Agreement (PSA), and the seller was unable or unwilling to change this date.

Loan ID 0176
DSCR 2.90
LTV 100.0
Note Rate 8.25
Property Location TX
NAICS 311612
Guaranty Type USDA 90%
Loan Term 30 yrs
Rate type Var
Note date 1/6/2023
Maturity date 06/12/2052
Participation Availability Amount $0
Minimum Participation Amount $0
Original Loan Amount $4,950,000
Full Loan Documentation Link
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