Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
GENERATION INCOME PROPERTIES, INC. incurred term loan of $3,800,000 with Hancock Whitney Bank at 5.70% per annum maturing May 1, 2031.
- Instrument
- term loan
- Principal
- $3,800,000
- Counterparty
- Hancock Whitney Bank
- Rate
- 5.70% per annum
- Maturity
- May 1, 2031
- Event
- incurrence
Exact text from the filing
On May 1, 2026, LMB Auburn Hills I, LLC, an Ohio limited liability company, and LMB Lewiston, LLC, an Ohio limited liability company (together, the “Borrowers”), each indirect subsidiaries of Generation Income Properties, Inc. (the “Company”) through Generation Income Properties, L.P. (the “Operating Partnership”), entered into a Commercial Business Loan Agreement (the “Loan Agreement”) with Hancock Whitney Bank (the “Bank”), pursuant to which the Bank made a term loan to the Borrowers in the principal amount of $3,800,000 (the “Term Loan”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
GENERATION INCOME PROPERTIES, INC. entered into Loan Agreement with Hancock Whitney Bank valued at $3,800,000 (effective 2026-05-01).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Hancock Whitney Bank
- Value
- $3,800,000
- Effective
- 2026-05-01
Exact text from the filing
On May 1, 2026, LMB Auburn Hills I, LLC, an Ohio limited liability company, and LMB Lewiston, LLC, an Ohio limited liability company (together, the “Borrowers”), each indirect subsidiaries of Generation Income Properties, Inc. (the “Company”) through Generation Income Properties, L.P. (the “Operating Partnership”), entered into a Commercial Business Loan Agreement (the “Loan Agreement”) with Hancock Whitney Bank (the “Bank”), pursuant to which the Bank made a term loan to the Borrowers in the principal amount of $3,800,000 (the “Term Loan”).
View on SEC.gov