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Value of Collateral <br /> Book Value Cost Existing bens <br />Land $ $ $ <br />Buildings $ $ $ <br />Machinery & Eqtrip. $ $ $ <br />Other $ $ $ <br />Other $ $ $ <br />IV. JOB & WAGE GOALS <br />Present # of Employees Total Payroll <br />Joba To Be Created* <br />Please nrovtde the fnllnurino infnrmarinn nn inhc onu c nrr rn r core \V':r66. ~ .•.••,..~ <br /> <br /> <br />ob Title <br />Number <br />of Jobs Average <br />Hourly <br />Wage <br />Annual <br />Salary Axe the Jobs <br />Permanent ox <br />Temporary? Expected <br />Hiring <br />Date <br /> <br /> <br /> <br /> <br /> <br /> <br />*lt loan Is Yox lob retentlon only, please explam m Business Plan. <br />P~opram Objectives • <br />(Check all rlru ~lp~i }•1 <br />The project contributes to the tldhllmcry of [he city's approved and adopted <br />economic development and/or redeael~ment ph t~ <br />The project preventc or elimisyes s'hrm~ an 1 bli *ht <br />The project increases the lord ttx base <br />1'he project brings a stnrenu ~ into cc mpli•uxe with ~m exi -ring buildink code <br />violation. <br />Deletetl:. <br />Formatted: Indent: First line: 0" <br />Formatted: Font: Bold, Underline <br />Formatted: Indent: Flrs[ Ilne: 0.5" I <br />Formatted: Indent: First line: 0" <br />Elk River Economic Development Authority Pabc 12 of 15 <br />Micro Loan P'und Application <br />Revised June 2004 <br />