Deferred Loan Costs definition

Deferred Loan Costs means those expenses and costs incurred by the Company in connection with the Senior Note and other financing transactions of the Company, but which are properly chargeable to operations over a period of years by capitalizing, all in accordance with GAAP.

Examples of Deferred Loan Costs in a sentence

• SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (continued) Deferred Loan Costs: Deferred loan costs include costs associated with obtaining the notes payable and extending credit facility maturity dates, and are amortized to interest expense over the life of the related notes payable including any extension periods.

• Deferred Loan Costs: Deferred loan costs include costs associated with obtaining the notes payable and are amortized to interest expense over the life of the related notes payable.

• Long-term debt consists of the following:September 30, 2020 Main Street Lending Program Loan $ Less: Deferred Loan Costs Long-Term Debt, net $ Paycheck Protection Program LoanThe Company entered into two loans in the amounts of $501 thousand on April 29, 2020, and $525 thousand on February 16, 2021, with the Paycheck Protection Program through the United States Small Business RAM Energy Holdings LLC and SubsidiariesNotes to Consolidated Financial StatementsAdministration.

• Commercial Business 277,970 496,157 78.5% Total Loans 4,446,015 6,224,099 40.0% • The Company will seek to sell a portion Purchase Credit Impaired Loans - 7,021 of its residential originations to support Net Deferred Loan Costs 12,633 21,385 the growth of servicing fee income.

• Deferred Loan Costs Deferred loan costs represent debt issuance costs and, depending on the nature and purpose of the loan, are capitalized to real estate inventory or amortized to interest expense using the straight-line method which approximates the effective interest method.

• Deferred Loan Costs: Deferred loan costs are being amortized over the life of the related debt which is primarily ten years.

• Deferred Loan Costs The Company has incurred costs in obtaining financing.

• Deferred Loan Costs: Costs incurred to obtain debt financing are amortized over the term of the loan.

• Deferred Loan Costs The Company records deferred loan costs for expenditures related to acquiring or issuing new debt instruments.

• Deferred Loan Costs Loan costs, primarily loan origination and related fees, are capitalized and are being amortized over the term of the loan using the straight-line method which approximates the effective interest method.