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Microloan <br /> The applicant has applied for the 4th microloan,which offers more up to $200,000 in secondary financing <br /> with more flexible job creation goals. The Finance Committee is asked to review the application based <br /> on the terms presented to DEED,with a recommendation moving forward to the EDA based on that <br /> criteria. No microloan funds may be distributed until DEED approves the program. Should DEED <br /> have substantial changes, the Finance Committee and the EDA would review the modifications to the <br /> program, and these impacts to the Coin-tainer microloan application at a later date. <br /> • <br /> Attachments <br /> • Springsted Analysis <br /> • Estimated financing projections (October 10, 2014) <br /> • Microloan application review (October 9, 2014) <br /> • Project analysis (October 10, 2014) <br /> • Tax Abatement Scorecard <br /> • Submitted Application materials <br /> • Applications <br /> • Business Plan <br /> • Financial statements <br /> • Exhibits <br /> N\Departments\Community Development\Economic Development\EDA\Administrative\Agenda\EDA Finance Committee Agenda <br /> Packets\2014\10-20-2014\4 1 sr Container 10-20-14.docx <br />