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3. FINANCING <br />Em el cit CMsts <br />Land <br />Site improvements <br />Buildings (attach plans & costs) <br />Equipment/Machinery/Fixtures <br />(attach list and estimated costs) <br />Remodeling <br />Industrial Inventoty/Working Capital <br />Other (attach description) — <br />Total Costs <br />$ <br />$ 3.050.000.00 <br />fl Ili fl <br />If ff <br />$ 175,840.00 <br />$ 3,98040. <br />,PrWosed Sources of Fid in Please See Attached <br />Sheet <br />SOJJRC NAS <br />TF"S <br />AMOUNT <br />Bank Loan Riverland Bank <br />20/4.15% _ <br />31,869- 50,00 <br />Bank Loan SBA <br />20/4.15% <br />$1.58.000:00 <br />Other Private Funds Seller Cam Back <br />10/6% <br />$200.000.00 <br />Applicant Contribution Owner's F4gity <br />SZ <br />1173.890.00 <br />Other <br />Fed Grant/Loan <br />; <br />State Grant/Loan <br />EDA Microloan Elk River <br />5/3% <br />1200.000.00 <br />Tax Increment Financing <br /># <br />Tax Abatement <br />$ <br />Total Financing <br />$3.981,340,00 <br />Page 14 of 19 <br />11MERli it <br />INAWRE <br />