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Prospect News home > News index > List of issuers A > Headlines for AmeriFirst Financial, Inc. > News item
Published on 11/20/2023 in the Prospect News Distressed Debt Daily.

AmeriFirst reports $4.9 million net loss for September

By Sarah Lizee

Olympia, Wash., Nov. 20 – AmeriFirst Financial, Inc. reports $4.9 million net loss for September on $332,332 gross income/sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported a $1.3 million net loss for August on $1.67 million gross income/sales.

The cash balance at the end of September was $8.37 million, compared to $8.65 million at the end of August.

AmeriFirst Financial is a mortgage lender based in Mesa, Ariz. The company filed bankruptcy on Aug. 24 under Chapter 11 case number 23-11240.


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