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Loan Request for Commercial loan in Kotzebue, AK, 99752

Request #3783925 by Lender

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12/21/2025 8:21:42 PM
Kotzebue, AK, 99752, USA Show Map
Commercial
$600,000
$130,000
21.67 %
500-549
Refinance all
I have had this restaurant for over 11 years, had some unexpected building maintenance that exceeded my budget. The renovations cost me over $100,000. I have to take out MCA's
totaling approx. 75,000. The purpose of loan is to payoff MCA debt and to buy inventory for the C-store that I had added to the restaurant.
The building is over 3000 sf and generates over $600,000 a year. The building will appraise around $600,000, but it is insured for 1.3 million for the rebuild cost.
Thank you

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