Common Contracts
2 similar Real Estate Loan Agreement contracts by Diversified Restaurant Holdings, Inc.
ContractReal Estate Loan Agreement • May 5th, 2020
Real Estate Loan Agreement This Real Estate Loan Agreement (“Agreement”), dated as of June 23, 2010, is between Bank of America, N. A. (the “Bank”) and MCA Enterprises Brandon Inc (the “Borrower”). 1. THE LOAN 1.1 Loan Amount. The Bank agrees to provide a term loan to the Borrower in the amount of One Million One Hundred Fifty Thousand and 00/100 Dollars ($1,150,000.00) (the “Loan”). The Loan is being made for the purpose of financing a portion of the cost of purchasing the real property described in Section 3 of this Agreement. The balance of the long-term financing required in connection with the purchase of the real property will be provided through the issuance of debentures guaranteed by the U.S. Small Business Administration (the “SBA”) pursuant to a Section 504 Authorization for Debenture Guaranty issued by the SBA on April 1, 2010 (the “SBA Loan Authorization”). Pending issuance of the Debentures, the Bank has agreed to provide a short-term bridge loan up to Nine Hundred Twenty
ContractReal Estate Loan Agreement • August 10th, 2010 • Diversified Restaurant Holdings, Inc. • Services-management services • Florida
This Real Estate Loan Agreement (“Agreement”), dated as of June 23, 2010, is between Bank of America, N. A. (the “Bank”) and MCA Enterprises Brandon Inc (the “Borrower”).