PROJ-2041 · Greenfield Townhomes
DRAW-2088 — draw request
Heartland Builders · Period Apr 17, 2026 – May 7, 2026
Requested
$92,000
This draw period.
Approved
$92,000
Approved May 11, 2026
Released (net)
$0
Awaiting release.
Retainage held
$0
10% per draw.
Percent complete
60.0%
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 | $128,800 | $36,800 | $64,400 | 70% | $64,400 | $3,680 |
| 2 | 09000 | Finishes | $73,600 | $18,400 | $27,600 | 38% | $46,000 | $1,840 |
| Totals (2 lines) | $202,400 | $55,200 | $92,000 | 60.0% | $110,400 | $5,520 | ||
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-2041 (Greenfield Townhomes) · principal $3,300,000. Active persona: Lender admin.