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,~~~ ~~~, <br />s~ ,.. <br />~,n ~~ ~'~ <br />~r <br />~~ <br />ti <br />~~~ ~ . <br />ti,~~a ~ ~ ~4 ~' i ~bwd <br />n~~~~~~~~~ ~~~~~~~~ E~~nk <br />March 30, 2011 <br />GRM of Minnesota, LLC <br />Gerald McDonald and <br />Robert and Denise McDonald <br />RE: Elk River Pizza Ranch Financing <br />To Whom It May Concern, <br />BankVista has approved financing for up to a $1,500,000 project to facilitate the opening of a <br />Pizza Ranch Restaurant in the Elk River Community. BankVista's commitment is subject to appraisal, <br />construction budget and to execution of definitive credit, security and related loan documents satisfactory <br />to the Lender. Should you have any questions regarding this project, please contact me directly. <br />Sincerely, <br />~~~~ ~ <br />Dan Nygaard <br />Vice President <br />Direct 320.257.1972 <br />Cell 320.492.4383 <br />5 <br />