Glad to see it coming along! Congratulations!
I'm guessing you did an SBA 504? Those tend to take even longer due to how they're funded. Glad you made it through, though! At least if you ever do another one you know what type of information/details they're going to want from you.
I've been through enough of them now that I have a very thorough checklist for putting the loan packet together. I just closed on a deal this week with a 504 and a 7(a) that we were able to get done in 80 days from submitting the loan request to close. Definitely a new record for us!
Congrats again and best of luck on the project! I can't wait to see how it turns out!
Correct on the 504. Assuming it operates like I think it will, I plan to expand. I will be ready for that loan request. What a learning experience it was.
80 days is extremely impressive! You guys definitely have your stuff together.
I will keep posting some updates, gonna head over to the site now and see the progress!
Dirt work still going on. Have had a bit of rain. Hopefully back at it tomorrow.
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