PROJ-2034 · Southpark Retail
DRAW-2080 — draw request
Apex Commercial · Period Apr 22, 2026 – May 12, 2026
Requested
$165,000
This draw period.
Approved
$0
Pending
Released (net)
$0
Awaiting release.
Retainage held
$0
10% per draw.
Percent complete
48.0%
From inspector report.
Schedule of values (2 line items)
AIA G703-style schedule. Inspector validates percent-complete per line.
| # | Cost | Description | Scheduled | This period | To date | % | Balance to finish | Retain |
|---|---|---|---|---|---|---|---|---|
| 1 | 05000 | Structural | $231,000 | $66,000 | $115,500 | 70% | $115,500 | $6,600 |
| 2 | 09000 | Finishes | $132,000 | $33,000 | $49,500 | 38% | $82,500 | $3,300 |
| Totals (2 lines) | $363,000 | $99,000 | $165,000 | 48.0% | $198,000 | $9,900 | ||
Lien waivers (0)
Required from each subcontractor with paid work this period. Waivers older than 60 days expire.
| Sub | Type | Signed | Amount through | Status |
|---|---|---|---|---|
| No waivers attached yet. | ||||
Inspections (0)
Independent field validation of percent-complete claims by line.
No inspections recorded yet.
Approval chain
Loan officer → owner sign-off → finance releases. Senior lender required over $500,000.
| Step | Required role | Approver | Decided | Decision | Notes |
|---|---|---|---|---|---|
| No approval steps generated. | |||||
Status timeline (0 transitions)
Every state change is logged with actor and reason.
Loan reference: PROJ-2034 (Southpark Retail) · principal $4,500,000. Active persona: Lender admin.