Pointe Development, LLC v. Enterprise Bank & Trust

CYNTHIA L. MARTIN, Judge.

Enterprise Bank and Trust (“Enterprise”) appeals from the trial court’s judgment in favor of Pointe Development, LLC (“Pointe”) in the amount of $51,469.92. Enterprise claims that the trial court erred in granting judgment to Pointe on its claim for breach of contract because Enterprise’s loan commitment included a condition subsequent that the cost of con struction could not exceed the loan amount which was not satisfied by Pointe, relieving Enterprise of the obligation to provide the loan. We affirm.

Factual and Procedural History 1

Pointe was formed to develop…