SBA Lender's Transcript of Account (Exhibit 2) — Horseshoe Bay Resort Holdings v. SBA

Summary

Exhibit 2, an SBA Lender's Transcript of Account, filed April 29, 2024 as Document 20-2 in Case No. 1:24-cv-00040-DAE. The form identifies the borrower as Horseshoe Bay Resort Holdings, Inc., loan number 3866357206, with BancorpSouth Bank (Cadence Bank) as lender and a loan amount of 2,370,747.50. It states the repayment terms of the note, which is dated 4/28/2020, with an initial interest rate of 1 % and principal and interest payments of $133,417.11 every month beginning seven months from the date of the note. The form carries a certification that it is a true copy of a transcript of account.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Full text

EXHIBIT 2

SBA Lender’s Transcript of Account

Case 1:24-cv-00040-DAE     Document 20-2     Filed 04/29/24     Page 1 of 2

U. S. Small Business Adminstration
Page 1 of
Lender's Transcript of Account
Name of Borrower
Loan Number
I Horshoe Bay Resort Holdings, Inc.
3866357206
Name of Lender
Amount of Loan
Int. Day Basis
BancorpSouth Bank (Cadence Bank)
2,370,747.50
Actual/360
Repayment Terms as Stated in the Note:
This Note will mature in 2 years and O months from date of the Note. The date of this note is 4/28/2020 . The
initial interest rate is 1 %. Borrower must pay principal and interest payments of $133,417.11 every month,
beginning seven months from the date this note is dated.
Approved Deferment Periods:
Default Date (Next Payment Due Date):
Date
Amount
Amount
Deferment
)lication of Payment
Int.
nterest Paid
Disbursed
Repaid
Principal
Interest
Rate
From
To
Balance
4/28/2020 2,370.747.50
1.00%
2,370,747.50
0.00
0.00
0.00
0.00
0.00
0.00
$ 2,370,747.5 $
-
$
-
$
-
$
-
I certify This to be a True Copy of Transcript of Account
-!!;,die Armstrong
Signature cld.Ie., ~nt
Contractor
4/28/202;
Title
Date
File: Form_ 1149-Horseshoe_Bay_Resort.xlsx.pdf
[2022/04/28 12:45:44]
1086 of 1667
Case 1:24-cv-00040-DAE     Document 20-2     Filed 04/29/24     Page 2 of 2

File and source

File

horseshoe_bay_resort_holdings_sba__docket-68151891__doc-20_att-2__id-467909736__Appendix.pdf

Size

99,452 bytes

SHA-256

6273e72c0a69dbf15375c3da995e82ee496ffac37b9026d787d0a35ddb6e6d6f

Our copy

horseshoe_bay_resort_holdings_sba__docket-68151891__doc-20_att-2__id-467909736__Appendix.pdf

Original

storage.courtlistener.com