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7. EDSR 06-17-2013
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7. EDSR 06-17-2013
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6/14/2013 11:53:44 AM
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City Government
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EDSR
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6/17/2013
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} <br /> ELK RIVER ECONOMIC DEVELOPMENT <br /> FORGIVABLE LOAN APPLICATION <br /> I. CONTACT INFORMATION <br /> Legal Name of Business: Preferred Powder Coating, LLC <br /> Project Site Address: 10.36 acre lot in Nature's Edge Businss Center <br /> City/State 1 Zip Elk River, MN 55330 <br /> Contact Person(s) <br /> Annie Deckert, Decklan Group, 612-564-0795 (office), annie@decklangroup.com <br /> Dan Bosshart, 763-428-4990 (office), clbosshart @preferredpowder.corn <br /> Federal ID # 80-0429246 State ID # 73189614 <br /> II. NATURE OF LOAN REQUEST <br /> Does your project involve purchasing city-owned property? <br /> X Yes <br /> No <br /> Amount Requested: $200,000 Total Project Cost: $ 5,614,000 <br /> Type of project: <br /> New construction for a startup business. <br /> X New construction for an existing business. <br /> On site expansion <br /> Equipment purchase <br /> Other <br /> Project timeline: <br /> Preferred Powder Coating would like to break ground August of 2013 on their new <br /> facility, and anticipate project completion to be November 2013. Their lease on their <br />
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