In February 2024, Sandhill Corp. began the construction of a 10-storey building. The construction is expected to be completed by January 2025.
During 2024, the following payments were made:
Apr. 1: $1,020,000
Jun. 1: $1,500,000
Aug. 1: $930,000
Oct. 1: $980,000
No asset specific debt was incurred.
During 2024, Sandhill's general debt consisted of the following:
$2.5 million, 5%, 2-year note,
$1.2 million, 4.5%, 2-year note,
$0.90 million, 3%, 5-year note.