Featured image of post San Diego Bank Lends Trump $100 Million

San Diego Bank Lends Trump $100 Million

A bank's decision to loan Donald Trump's company $100 million is the latest evidence the former president might survive fraud investigations and a...

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A bank’s decision to loan Donald Trump’s company $100 million is the latest evidence the former president might survive fraud investigations and a…

Highlights

  • San Diego-based Axos Bank finalized the loan with the Trump Organization on Feb.
  • The loan is being used to pay back an old loan backed by commercial space at Trump Tower that was coming due in September.
  • A year ago, it looked possible that Trump might become a pariah after his supporters stormed the U.S.
  • Capitol in an attempt to stop a vote certifying President Joe Biden’s election win.
  • New York City announced it was canceling all city contracts with Trump, including the rights to operate a public golf course in the Bronx.