Skip to content
GeoDataVision
Thread Options
#2158834 - 12/31/17 08:04 PM Commercial Building renovation/addition
Bec Offline
Diamond Poster
Bec
Joined: Jul 2010
Posts: 1,114
The Great White North
Loan to a business that is less than $1MM and the purpose is to build an addition to the existing commercial building and secured by the commercial building. Currently, the loan is reported on call report schedule 1.e. (Loans secured by RE-Non Farm Non Residential) However, I thought I read in the threads that an addition to the building would count as construction and therefore not reportable.
Am I interpreting this correctly?
_________________________
Go Packers

Return to Top
CRA
#2159260 - 01/04/18 09:29 PM Re: Commercial Building renovation/addition Bec
Bec Offline
Diamond Poster
Bec
Joined: Jul 2010
Posts: 1,114
The Great White North
bump
_________________________
Go Packers

Return to Top
#2159529 - 01/07/18 11:15 PM Re: Commercial Building renovation/addition Bec
Bec Offline
Diamond Poster
Bec
Joined: Jul 2010
Posts: 1,114
The Great White North
bump
_________________________
Go Packers

Return to Top