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The Bambino LLC Loan Collateral Substitution

Midvale City

Summary

The RDA allowed local pizza restaurant The Bambino to swap the real estate backing its loan so the owners can sell their current property.

At a glance

Last discussed Jul 7, 2026.

💰Financial impact

No direct fiscal impact; the $250,000 loan amount and 80% collateral value are maintained.

✅Who benefits

The business owners can sell their existing property without defaulting or refinancing their RDA loan.

The RDA allowed local pizza restaurant The Bambino to swap the real estate backing its loan so the owners can sell their current property.

Allows business owners to sell their old property while keeping the loan fully secured.

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