Signal · 2025-03-04
FINANCING TERMINATION SIGNAL
financing update termination filed against original financing filing (linked by source) after 13 months.
Status
Facts
3 source records
Relationships
Entity, lender and property links
Derived signal
Single rule
Hypothesis
Record indicates a secured relationship was terminated.
Confidence
95% · strength 40
WHY
HypothesisWhat happened?
financing update termination of fixture filing.
What changed?
Piedmont Federal Bank no longer of record as lender on this financing statement.
Who is involved?
ABC Development LLC; Piedmont Federal Bank.
What records support it?
060-224-001111 · 060-224-001296 · 060-225-001444
What is connected?
Occurs within the Ridgeview refinance pattern.
Why might it matter?
Collateral released from record.
What cannot be concluded?
A termination is not proof of financial health or debt repayment.
Confidence
95%
Involved
DerivedRecommended next action None. No automatic outreach or credit decisions.
Supporting source records
Source fact| Recorded | Document (as sourced) | Parties (as sourced) | Instrument | County | Amount | |
|---|---|---|---|---|---|---|
| 2024-02-15 | Financing filing | Borrower: ABC DEVELOPMENT, L.L.C. Lender: PIEDMONT FEDERAL BANK | 060-224-001111 | Gwinnett | NOT AVAILABLE FROM SOURCE | Synthetic |
| 2024-06-15 | Financing amended links → 060-224-001111 | Borrower: ABC DEVELOPMENT LLC Lender: PIEDMONT FEDERAL BANK | 060-224-001296 | Gwinnett | NOT AVAILABLE FROM SOURCE | Synthetic |
| 2025-03-04 | Financing released links → 060-224-001111 | Lender: PIEDMONT FEDERAL BANK | 060-225-001444 | Gwinnett | NOT AVAILABLE FROM SOURCE | Synthetic |