Summit Fund LLC.

AuthorSlaten, Russ
PositionINSIDE ALASKA BUSINESS

The Alaska Industrial Development and Export Authority, or AIDEA, Board approved a loan participation for a newly constructed retail project in Wasilla. The loan, to Summit Fund LLC, is for $2,295,000, 90 percent of a $2,550,000 loan brought to AIDEA by Wells Fargo Bank. Wells Fargo originated the loan and is participating with $255,000. The purpose of this loan is for long-term financing of...

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