Featured Commercial Loan Closings
2021-001
2021-002
2021-003
2022-001
Commercial lender Jeff Camilleri helps a local professional services firm with business succession by financing the buyout of the senior, majority owner by the four junior partner owners using SBA 7a financing.
2022-002
20A22-003
A forward-thinking financing strategy positions this local, family-owned business for continued growth and future succession. Find out how the borrowers worked with CNB to come up with a comprehensive plan to take advantage of opportunities and overcome challenges presented in the post-pandemic environment.
Recent Commercial Loan Closings
$3.5MM to Local Family-Owned Businessfor Continued Growth and Future SuccessionLoan: $2,000,000 Term Note, $500,000 Line of Credit, and $1,000,000 Guidance Line
Borrower: Local cabinet and granite countertop installation company
Purpose:
Refinance existing commercial real estate, establish working capital line of credit, and establish guidance line for future equipment purchases. Read more about this deal here. |
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$278,000 Term Loan for Family Owned Restaurant Start-Up
Borrower: Locally Owned Restaurant Start-Up
Purpose:
Finance the purchase of a mixed-use building to open a family owned start-up restaurant. Read more about this deal here. |
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$696,000 Term Loan for Commercial Real Estate PurchaseLoan: $696,000 Term Loan
Borrower: Local small business entrepreneur and real estate investor
Purpose:
Purchase two adjacent 4,675 sqft commercial buildings in O'Fallon, MO, each containing two units. Both properties are fully leased, with one unit occupied by the borrower to operate his businesses. |
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$4,605,000 SBA 7a Term Loan for Succession of Business
Borrower: Locally Owned Professional Services Firm
Purpose:
Finance the buyout of the senior, majority owner by the four junior partner owners using SBA 7a financing. Read more about this deal here. |
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$9,500,000 Term Loan for Commercial Real Estate PurchaseBorrower: Multi-Operational Commercial Real Estate Investment Firm (Locally Owned)
Purpose:
Purchase 19 acre strip mall in South County containing 90,000+ sqft of retail storefront space. |
$388,000 Refinance of Investment Property
Borrower: Real Estate Holding LLC
Purpose:
Cash out refinance of existing investment property to free up capital for a cash offer on 4-family investment property near Tower Grove Park South. Read more about this deal here. |
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$505,000 Commercial Real Estate RefinanceLender: Eric Kappelmann Loan: $505,000 Commercial Real Estate
Borrower: Local Custom Kitchen Remodeler
Purpose:
Refinance 8,400 sf retail storefront in O'Fallon, MO. The space's 4 tenants includes the custom kitchen and bath showroom of the borrower. |
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$300,000 Advanceable Term Loan for Franchise ExpansionLoan: $300,000 Advanceable Term Loan
Borrower: Local franchisee
Purpose:
Purchase and build-out for a new retail space in Brentwood, MO for a local, medical related franchise. Read more about this deal here. |
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$866,000 Term Loan for Commercial Real Estate Purchase and ImprovementsLender: Paul Lints
Loan: $866,000 Term Loan
Borrower: Commercial Real Estate Holding Company
Purpose:
Purchase and improvements of mixed-use commercial real estate in Soulard, MO. |
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$1,300,000 Advanceable Term Loan for Warehouse PurchaseLender: Colby Schmid
Loan: $1.3MM Term Loan
Borrower: Local Distributor
Purpose:
Purchase warehouse space in Earthy City, MO. Read more about this deal here.
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