Closed Loans

Progress Capital Arranges Construction Loan for New Dollar General Facility

By spring of this year, the city of Foristell in Warren County, MO will have another option for nearby shopping, as a new 10,542 SF Dollar General facility is slated to be built at 5 Highway T.

Will McKenna of Progress Capital secured a $1,038,000 construction loan with The Missouri Bank, who provided loan financing accompanied by favorable terms, including 100% LTC on the construction of the facility.

The site is located in the city of Foristell, a fast-growing community of Warrant County, MO.  The new Dollar General will not only cater to local residents, but many travelers along Interstate 70.

Progress Capital is a commercial mortgage brokerage firm with over $40 Billion in closed loans and $150 Million of directly funded bridge loans.  With over 30 years of experience, we continually prove our value to our clients by securing the best capital options available in the market.

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