Summary
BLOOMINGTON - A bank has moved to seize the former Brandt Truck Line headquarters and collect on nearly $8.3 million in loans it says the owner and others defaulted on.
Busey Bank filed for foreclosure April 5 in McLean County court on two properties with ties to BTL owner John Brandt. One of them, 1619 S. Morrissey Drive, was headquarters for BTL until it closed abruptly March 22 after 88 years in business, with Brandt citing recent financial difficulties brought on by the recession.See the full content of this document
Extract
Brandt Sites Under Foreclosure
The bank's complaint is twofold, records show. It claims BTL and a second Brandt firm called ...
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