NEW YORK — Donald Trump paid off his $100 million loan on Trump Tower that was coming due later this year and borrowed the same amount last month, public records show.
The new loan was made by San Diego-based Axos Bank. Gregory Garrabrants, the lender’s president and chief executive officer, is a Republican donor who gave more than $9,000 to Trump’s 2020 reelection effort, federal filings show.
Axos Bank declined to comment. The deal was reported earlier by Forbes and The Associated Press.
