KBRA's analysis of the transaction involved evaluation of property cash flows and values within initial loan pool
using our U.S.
The hotel had an existing allocated loan balance of approximately $23.3M that was paid off at closing along with an additional $3.5M of loan pay down associated with the release of the hotel from the loan pool
. After loan payoff and transaction costs, the net proceeds from the sale were approximately $6M.
Deteriorated Credit Enhancement (CE): Overcollateralization (excluding +91-days delinquent loans from the loan pool
) is still negative at -127.7%, and -123.4% when excluding +180-days delinquent loans.
The whole loan pool
DCM acquired consists of two sub-pools.
Loans will be considered for nonracing specific work but that is lowest down the qualifying list for a minimum sum of pounds 50,000, up to 20 per cent of the total Levy Board loan pool
. The board will lend only up to 75 per cent of the total cost of any project, with the loan spell set at four years.
Once Smuttynose pays the loan back to CEDC, the money will go into a revolving loan pool
for future economic development efforts.
The underlying auto loan pool
has 81,262 loans with an average contract size of NOK138,714.
Small Business Administration (SBA) recently announced that it had authorized nine loan pool
originators to assemble and sell pools of 504 program first mortgage loans, through a new program, aimed at jump-starting the secondary market, authorized under the American Recovery and Reinvestment Act.
Microloan Boston is a revolving loan pool
supported by pre- and post-loan technical assistance support services.
LSF5 US Loan Pool
I LLC said Downtown Riverview Ltd.
This serves to create a stable source of liquidity and income, allowing them to further leverage the loan pool
to support the continued production of affordable housing units.
The additional funds raised the total disaster loan pool
to $600 million.