COMMERCIAL LOAN AGREEMENT Dated as of October 14, 2020 Between PHOENIX TEN PROPERTIES LLC, a Georgia limited liability company, as Borrower and RED OAK CAPITAL FUND IV, LLC a Delaware limited liability company as Lender Loan No....Loan Agreement • October 21st, 2020 • Red Oak Capital Fund IV, LLC • Real estate • Michigan
THIS LOAN AGREEMENT is made as of October 14, 2020 (this “Agreement”), between RED OAK CAPITAL FUND IV, LLC, a Delaware limited liability company, having an address at 625 Kenmoor Ave SE, Suite 200, Grand Rapids, Michigan 49546 (“Lender”) and PHOENIX TEN PROPERTIES LLC, a Georgia limited liability company, having its principal place of business at 3455 Peachtree Road NE, Suite 500, Atlanta, Georgia 30326 (“Borrower”).
