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7.0. EDSR 05-10-2004
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7.0. EDSR 05-10-2004
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City Government
type
EDSR
date
5/10/2004
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Micro Loan Application: Display Solutions,Inc. <br /> EDA—May 10,2004 <br /> .11111 <br /> Page 2 of 2 <br /> • Secured by 2nd lien position on equipment <br /> • Term: 10-year amortization, 3-year balloon payment @ 1 point below prime with a <br /> 2% floor <br /> • Structured as participation loan with American National Bank <br /> • Job performance agreement (7 full-time jobs @ no less than $12.00/hour within 2 <br /> years) <br />
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