Monroe, Your Pie

Closing Date: February 22, 2019
On February 22, 2019, GCF provided a $194,606 loan to the Downtown Development Authority of the City of Monroe for leasehold improvements and build-out of a commercial building located at 110 S. Broad Street in downtown Monroe. The Authority provided a simultaneous loan to YP Monroe, LLC, the project's developer. The completed project houses a Your Pie restaurant. Synovus Bank was the project's senior lender.

Project Details

Loan Recipient
Downtown Development Authority of the City of Monroe

Sub-Recipient
YP Monroe, LLC

Project Cost
$486,514

GCF Loan Amount
$194,606

DD RLF Loan Amount, if any
N/A

Project Use
Restaurant
After
Foundation Project Impacts
299 New Downtown Businesses
1728 New Jobs Downtown
$147 Million in Private Investments
8 Cultural Facilities
288 Downtown Housing Units
157 Hotel Units Downtown
1,352,805 Redevelopment Floor Area sf
200,267 New Construction sf