Representation of national bank in $13.5 million multi-loan transaction
N/AOUTCOME: Success
Lead counsel for a national bank for $6 million dollar SBA 504 construction loan for the borrower’s new corporate headquarters and manufacturing facility, a $4 million dollar operating line of credit s ... ecured by accounts receivable and inventory, a $1 million dollar equipment line of credit, a $2 million dollar SBA 7a equipment loan, and a $100,000 letter of credit in connection with the construction loan.
