Laserfiche WebLink
Borrower's Name <br />Patriot Elk River, MN <br />Project Costs: <br />Purchal;e Property <br />$3,050,000.00 <br />Building improvements <br />$555,500.00 <br />Closing costs <br />$58,400.00 <br />Contingency/Interest�Reserve A <br />$75,000:0Q <br />Subtotal <br />$3,738,11 p <br />SBA 504 Debenture Pricing <br />$42,40.00 <br />Total SBA 504 Eligible Cost <br />ij3,181, <br />Ot►teject Costs <br />($137.90) <br />C-tluipment & Me ry <br />$106,000.00 <br />Relocation <br />$11010 <br />7ota1 Project Costs <br />$4091,:00 <br />12/28/2015 <br />SBA 504 Debenture Pricing <br />Net Debenture Proceeds <br />$1,495,560.00 <br />Funding Fee (.25%) <br />$3,738.90 <br />SBA Guaranty Fee <br />$7,477.80 <br />CDC Processing Fee (1.5%) <br />$22,433.40 <br />CDC Closing Costs <br />$2,500.00 <br />Subtotal <br />$36,150.10 <br />Underwriters Fee * <br />$6,152.00 $1,537,861.55 <br />Balance to Borrower <br />($137.90) <br />Gross Debenture Amount <br />$1,538,000.00 <br />* Underwriters fee is .4% on 20 -year loans and .375% on 10 -year loans <br />