Loan Request for Commercial loan in Kingsbury, IN, 46350

Request #3734562 by Lender

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Date Posted

5/17/2025 9:22:09 AM

Property at

Kingsbury, IN, 46350, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$5,750,000

Amount of Existing Loans

$1,000,000

Loan Request

$2,000,000

LTV

34.78 %

Credit Rating

780 or more

Net Worth

$500,000 - $1,000,000

Loan Purpose

Refinance and Construction

Purpose

Industrial recycling facility that will be completed in 2 phases. First would be to build a tire recycling facility (940,000$), that would immediately generate income. Approximately 1 million per year net.

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Loan Request for Commercial loan in Kingsbury, IN, 46350