TY 2020 MortgagesAndNotesPayableSch
Name:
Houston Endowment Inc
Software Version:
2020v4.0
Total Mortgage Amount: 0
| Item No. |
1 |
| Lender's Name |
Frost Bank |
| Lender's Title |
Tax-Exempt Loan Issued by Harris County Cultural Education Facilities Corporation |
| Relationship to Insider |
None |
| Original Amount of Loan |
25,225,000 |
| Balance Due |
25,225,000 |
| Date of Note |
2020-07 |
| Maturity Date |
2035-07 |
| Repayment Terms |
Due At Maturity |
| Interest Rate |
2.37 |
| Security Provided by Borrower |
None |
| Purpose of Loan |
Construction of Houston Endowment Headquarters |
| Description of Lender Consideration |
Cash |
| Consideration FMV |
25225000 |