NICOLE'S FINISHING TOUCH SALON,INC. 617 Main St
<br /> $25,000 EDA MICRO LOAN Elk River,MN 55330
<br /> Amortization Schedule
<br /> Dated: February 8,2008 • Payable to: City of Elk River
<br /> Amount: $25,000.00 Due: 8th of each month
<br /> Interest Rate: 3.00%
<br /> Term: 24 Months-1/12/09 Loan Extended 1 Year
<br /> Payments: Monthly Principal&Interest Starting March 8,2008
<br /> Payment Pymnt Total Unpaid Date
<br /> Period Rmng Payment Principal Interest glance Paid
<br /> $25,000.00
<br /> 3/8/08 23 $1,074.53 $1,012.04 $62.49 $23,987.96 03/07/2008
<br /> 4/8/08 22 $1,074.53 1,014.56 $59.97 22,973.40 04/10/2008
<br /> 5/8/08 21 $1,074.53 1,017.10 $57.43 21,956.30 05/09/2008
<br /> 6/8/08 20 $1,074.53 1,019.64 $54.89 20,936.66 06/13/2008
<br /> 7/8/08 19 $1,074.53 1,022.19 $52.34 19,914.48 07/17/2008
<br /> 8/8/08 18 $1,074.53 1,024.74 $49.79 18,889.73 08/13/2008
<br /> 9/8/08 17 $1,074.53 1,027.31 $47.22 17,862.43 09/11/2008
<br /> 10/8/08 16 $1,074.53 1,029.87 $44.66 16,832.55 10/10/2008
<br /> 11/8/08 15 $0.00 $42.08 16,832.55
<br /> 12/8/08 14 $1,300.00 1,032.45 $225.47 15,800.11 12/12/2008
<br /> Applicatlo
<br /> n fee
<br /> approved
<br /> Loan Application Fee 158.00 01/12/2009 by EDA
<br /> Loan Extension-Principal Balance 15,958.11
<br /> (2 months
<br /> interest
<br /> from 12/08
<br /> 2/8/09 23 $687.61 607.82 $79.79 15,350.29 02/11/2009-2/09)
<br /> 3/8/09 22 $687.61 649.23 $38.38 14,701.05 03/19/2009
<br /> 4/8/09 21 $687.61 650.86 $36.75 14,050.19 04/15/2009 29.40'interest through 4/1/09
<br /> 5/8/09 20 $687.61 652.48 $35.13 13,397.71 05/06/2009
<br /> Loan Extension-Principal Balance 13,397.71
<br /> 6/8/09 31 $250.00 216.51 $33.49 13,181.20 06/08/2009
<br /> 7/8/09 30 $250.00 217.05 $32.95 12,964.16 07/10/2009
<br /> 8/8/09 29 $250.00 217.59 $32.41 12,746.57 08/10/2009
<br /> 9/8/09 28 $250.00 218.13 $31.87 12,528.43 09/04/2009
<br /> 10/8/09 27 $250.00 218.68 $31.32 12,309.76 10/08/2009
<br /> 11/8/09 26 $250.00 219.23 $30.77 12,090.53 11/09/2009
<br /> 12/8/09 25 $250.00 219.77 $30.23 11,870.76 12/11/2009
<br /> 1/8/10 24 $250.00 220.32 $29.68 11,650.43 01/13/2010
<br /> 2/8/10 23 $250.00 220.87 $29.13 11,429.56 02/10/2010
<br /> 3/8/10 22 $250.00 221.43 $28.57 11,208.13 03/11/2010
<br /> 4/8/10 21 $250.00 221.98 $28.02 10,986.15 04/09/2010
<br /> 5/8/10 20 $250.00 222.53 $27.47 10,763.62 05/12/2010 1,107.14 $142.86
<br /> 6/8/10 19 $250.00 223.09 $26.91 10,540.53 06/08/2010
<br /> 7/8/10 18 $250.00 223.65 $26.35 10,316.88 07/08/2010
<br /> 8/8/10 17 $250.00 224.21 $25.79 10,092.67 08/10/2010
<br /> 9/8/10 16 $250.00 224.77 $25.23 9,867.90 09/14/2010
<br /> 10/8/10 15 $250.00 225.33 $24.67 9,642.57 10/13/2010 2,228.18 $271.82
<br /> 11/8/10 14 $250.00 225.89 $24.11 9,416.68 11/15/2010
<br /> 12/8/10 13 $250.00 226.46 $23.54 9,190.22 12/15/2010 2,680.54 319.46
<br /> 1/8/11 12 $250.00 227.02 $22.98 8,963.20 01/10/2011
<br /> 2/8/11 11 $250.00 227.59 $22.41 8,735.60 02/14/2011
<br /> 3/8/11 10 $250.00 228.16 $21.84 8,507.44 03/10/2011 682.78 $67.22
<br /> 4/8/11 9 $250.00 228.73 $21.27 8,278.71 04/11/2011
<br /> 5/8/11 8 $250.00 229.30 $20.70 8,049.41 05/11/2011
<br /> 6/8/11 7 $250.00 229.88 $20.12 7,819.53 06/14/2011
<br /> 7/8/11 6 $250.00 230.45 $19.55 7,589.08 07/12/2011
<br /> 8/8/11 5 $250.00 231.03 $18.97 7,358.05 08/11/2011
<br /> 9/8/11 4 $250.00 231.60 $18.40 7,126.45 09/12/2011
<br /> 10/8/11 3 $250.00 232.18 $17.82 6,894.26 10/17/2011 Filed bankruptcy-loan written off
<br /> 11/8/11 2 $250.00 232,76 $17.24 6,661.50
<br /> 12/8/11 1 $250.00 233.35 $16.65 6,428.15
<br /> 1/8/12 0 $6,444.22 6,428.15 $16.07 0.00
<br /> TOTAL $26,840.90 $25,158.00 $1,682.90
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