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Value of Collateral <br />Book Value <br />Land $ <br />Buildings $ <br />Machinery & Equip. $ <br />Other $ <br />Other $ <br />Cost Existing Liens <br />IV. JOB & WAGE GOALS <br />Present # of Employees Total Payroll <br />Jobs To Be Created* <br />Please nrovide the followine information on iobs you expect to create Within 2-pears. <br /> <br /> <br />ob Title <br />Number <br />of Jobs Average <br />Hourly <br />Wage <br />Annual <br />Salary Are the Jobs <br />Permanent ox <br />Temporary? Expected <br />Hiring <br />Date <br /> <br /> <br /> <br /> <br /> <br /> <br />*If loan is for job retention only, please explain in Business Plan. <br />Program Objectives <br />(Check all that apply) <br />The project contributes to the fulfillment of the city's approved and adopted <br />economic development and/ox redevelopment plans. <br />The project prevents ox eliminates slums and blight. <br />The project increases the local tax base. <br />The project brings a structure into compliance with an existing building code <br />violation. <br />Elk River Economic Development Authority Page 12 of 15 <br />Micro Loan Fund Application <br />Revised June 2004 <br />