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Location: Grand Prairie, TX

Loan Amount: $2,500,000

Interest Rate: Prime + 2.75%

Term/Amortization: 25/25

Loan to Value: 75%

Purpose: The construction loan was for the headquarters of an up-and- coming stone & tile supply company. Once complete, the property will be comprised of a 5,000 SF office/showroom, 4,800 SF office/shop, and a 30,000 SF mill building. The new buildings will be located on 12 acres of land in a prominent area with easy access to I-30 and Highway 183.