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4101 <br /> • <br /> First a lonal Ban <br /> Of Elk River <br /> Main Office: 729 Main Street Elk River,MN 55330-1595 612/441-2200 <br /> February 22, 2000 <br /> Mr. Mark Rothfork <br /> Ultra Image Powder Coating <br /> 18983 York St.NW, Ste. C <br /> Elk River, MN 55330 <br /> Dear Mark: <br /> Our Bank Loan Committee has approved and committed a loan request in the amount of <br /> $477,000 for an addition to your commercial building located at 18983 York Street, Elk <br /> River and also the refinancing of this building. <br /> The"gap financing" need of $50,000 will be submitted to EDA for their approval on <br /> their March 1, 2000 meeting. <br /> We welcome the opportunity to work with you as your Company continues to grow. <br /> Should you have any further questions, please feel free to contact me at (612) 241-3605. <br /> S�cerely, <br /> ire Ai/ <br /> Jan idde-Hooker <br /> Vice President <br /> JHH/kls <br /> • <br /> • • <br /> Branches in:Anoka,Elk River,Hassan,Monticello,and Zimmerman <br /> www.lnatbanker.com E Mail>fnber@lnatbanker.com <br />