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ETHANOL TECHNOLOGY <br /> $74,000 EDA MICRO LOAN <br /> Amortization Schedule <br /> Participating Bank: First National Bank <br /> Dated: August 25,2008 Payable to: City of Elk River <br /> Amount: $74,000 Due: 25th of Each Month <br /> Interest Rate: 3.00% <br /> Term: 5 yr.Balloon-120 Months Amortization <br /> Payments: Monthly Principal&Interest Starting September 25,2008 <br /> Payment Total Unpaid Date Payments <br /> Period Payment Principal Interest Lzty fees Balance Paid Remaining <br /> $74,000.00 <br /> 9/25/2008 $716.03 481.70 234.33 73,518.30 10/6/2008 59 <br /> 10/25/2008 716.03 636.39 79.64 72,881.91 10/17/2008 58 <br /> 11/25/2008 716.03 473.09 242.94 72,408.82 11/26/2008 57 <br /> 12/25/2008 716.03 360.02 356.01 72,048.80 1/26/2009 56 <br /> 1/25/2009 716.03 589.94 126.09 71,458.86 2/17/2009 55 <br /> 2/25/2009 716.03 590.98 125.05 70,867.88 3/9/2009 54 <br /> 57.28 4/3/2009 late fees <br /> 3/25/2009 773.31 444.37 271.66 57.28 70,423.51 4/22/2009 53 <br /> 4/25/2009 773.31 428.47 287.56 57.28 69,995.04 6/12/2009 52 <br /> 5/25/2009 716.03 511.87 204.16 69,483.17 7/17/2009 51 <br /> 6/25/2009 830.59 669.71 46.32 114.56 68,813.46 7/27/2009 50 <br /> 7/25/2009 773.31 521.06 164.97 57.28 68,292.40 8/27/2009 49 <br /> 8/25/2009 716.03 471.32 244.71 67,821.08 10/8/2009 48 <br /> 9/25/2009 773.31 444.74 271,29 57.28 67,376.34 11/30/2009 47 <br /> 10/25/2009 168.44 0.00 168.44 67,376.34 2/18/2011 46 <br /> 11/25/2009 157.22 0.00 157.22 67,376.34 3/25/2011 45 325.66 <br /> 12/25/2009 174.05 0.00 174,05 67,376.34 5/31/2011 44 <br /> 1/25/2010 716.03 182.63 533.40 67,193.71 8/3/2011 43 <br /> 2/25/2010 716.03 464.05 251.98 66,729.66 9/14/2011 42 <br /> 3/25/2010 716.03 566.02 150.01 66,163.64 41 <br /> 4/25/2010 716.03 551.41 164.62 65,612.23 40 <br /> 5/25/2010 716.03 558.10 157.93 65,054.13 39 <br /> 6/25/2010 716.03 554.28 161.75 64,499.85 38 <br /> 7/25/2010 716.03 560.88 155.15 63,938.97 37 <br /> 8/25/2010 716.03 557.16 158.87 63,381.81 36 <br /> 9/25/2010 716.03 558.60 157.43 62,823.21 35 <br /> 10/25/2010 716.03 565.08 150.95 62,258.13 34 <br /> 11/25/2010 716.03 561.50 154.53 61,696.63 33 <br /> 12/25/2010 716.03 567.89 148.14 61,128.74 32 <br /> 1/25/2011 716.03 564.42 151.61 60,564.32 31 <br /> 2/25/2011 716.03 565.88 150.15 59,998.44 30 <br /> 3/25/2011 716.03 581.73 134.30 59,416.71 29 <br /> 4/25/2011 716.03 568.84 147.19 58,847.87 2.8 <br /> 5/25/2011 716.03 575.01 141.02 58,272.86 27 <br /> 6/25/2011 716.03 571.80 144.23 57,701.06 26 <br />