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Borrower's Name <br />Patriot Elk River, MN <br />Project Costs: <br />Purchase Property <br />Building Improvements <br />Closing Costs <br /> Contingency/Interest Reserve <br />Subtotal$3,738,900.00 <br />Total SBA 504 Eligible Cost$3,781,340.00 <br />Other Project Costs <br />Equipment & Machinery$200,000.00 <br />Relocation $110,000.00 <br />Total Project Costs$4,091,340.00 <br />Financing Structure <br />4.15% <br /> SBA (Net Proceeds: )4.15% <br />6.00% <br />3.00% <br />SBA 504 Debenture Pricing <br />Net Debenture Proceeds$1,495,560.00 <br />Gross Debenture Amount <br />