NLR Loan. (Real Deals).

A commercial development in North Little Rock is backed with a $1.7 million funding agreement.

JLH Properties, led by Michael Harris and Rex Bouldin, secured the loan from Twin City Bank.

The 20-acre tract at 10600 Maybelline Road previously was linked with a July 2001 mortgage of $328,000 held by the bank.

JLH acquired the property five months ago for $410,000 from Harris Family Co. LLC, led by Max W. Harris.