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Value of Collateral <br />Land <br />Buildings <br />Machinery & Equip. <br />Other <br />Other <br />Book Value <br />$ 296,500 <br />Cost Existing Liens <br />$ 349,351 <br />$ $1,824,769 <br />$ $ 80,600 <br />4. JOB & WAGE GOALS <br />Present # of Employees 13 FTE Total Payroll <br />$ <br />Jobs To Be Created* <br />PleASe nrovide the followinv information on iobs you expect to create within 2-vears. <br />job Title <br />Number <br />of jobs <br />Average <br />Hourly <br />Wage <br />Annual <br />Salary <br />Are the Jobs <br />Permanent or <br />Temporary? <br />Expected <br />Hiring <br />Date <br />Driver <br />4 <br />$18.00 <br />Before 5/2017 <br />Clerical <br />2 <br />$16.00 <br />Before 5/2017 <br />Maintenance <br />2 <br />$20.00 <br />Before 5/2017 <br />*If loan is for job retention only, please explain in Business Plan. <br />**Wage does not include benefits; please see attached spreadsheet. Average hourly <br />benefit is $5.21 <br />Program Objectives <br />(Check all that apply) <br />X The project contributes to the fulfillment of the city's approved and adopted <br />economic development and/or redevelopment plans. <br />The project prevents or eliminates slums and blight. <br />X The project increases the local tax base. <br />The project brings a structure into compliance with an existing building code <br />violation. <br />Page 6 of 8 P 0 w E 8 P 0 8 Y <br />NAYURE <br />