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BHN INC., dba EXCEL PRINT COMMUNICATIONS (Excel)
Tucson, Arizona
Small Business Loan
MultiBank refinanced existing debt originally used for business working, the purchase of equipment, and provided additional working capital. Excel is a 30-year old full service commerical printing company.
Referred by: Pima County Small Business Development Center
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OASIS TC, LLC (Oasis)
Phoenix, Arizona
Affordable Housing Loan
MultiBank financed the acquisition and rehabilitation of the former Oasis Motel into a 60-unit affordable housing apartment complex located on Grand & Roosevelt Aves in a Phoenix Hot Zone. The City of Phoenix provided a subordinate HOME loan.
Referred By: Habitat Metro, LLC
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PET ALLIES, INC. (Pet Allies) aka The Barkin Basement Thrift Store
Show Low , Arizona
Nonprofit Loan
MultiBank financed the purchase of a new location for a thrift store (Barkin Basement). Pet Allies provides spay and neuter and pet adoption and foster car services. Pet Allies recently opended Pet Allies Clince for pet wellness, vaccines, spay and neutering.
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NATIVE AMERICAN CONNECTIONS, INC. ("NACI")
Phoenix, Arizona
Term Loan
Loan proceeds financed a portion of NACI's equity funding requirements into a newly formed limited liability company for the purchase of 4520 N. Central Avenue. NACI provides various services to the Native American community in the Phoenix area.
www.nativeconnections.org
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SAGUARO GARDEN LIMITED PARTNERSHIP
Florence, Arizona
Real Estate Term Loan
Saguaro Gardens, a 72-unit apartment complex, is a low income housing project that provides affordable housing for residents in Florence, Arizona. MultiBank provided refinancing of the complex.
Referred By: Chase Bank
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