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E. ADDITIONAL DOCUMENTATION <br /> Applicants will also be required to provide the following documentation. <br /> / A) Written business plan, including a description of the <br /> business, ownership/management, date established, <br /> products and services, and future plans <br /> B) Financial Statements for Past Two Years <br /> Profit & Loss Statement N/ <br /> Balance Sheet <br /> C) Current Financial Statements <br /> V Profit & Loss Statement to Date <br /> ✓ Balance Sheet to Date <br /> D) Two Year Financial Projections <br /> F) Personal Financial Statements of all Major Shareholders <br /> 7 Profit & Loss <br /> V Current Tax Return <br /> G) Letter of Commitment from Applicant Pledging to Complete <br /> During the Proposed Project Duration <br /> `` <br /> •• H) Letter of Commitment from the Other Sources of Financing, <br /> Stating Terms and Conditions of their Participation in <br /> Project <br /> I) Application fee of$5000 (to be returned upon project <br /> completion.) <br /> Note: All Major shareholders will be required to sign personal guarantees if <br /> up front financing of the project is required. <br /> The undersigned certifies that all information provided in this application is true and correct <br /> to the best of the undersigned's knowledge. The undersigned authorizes the City of Elk <br /> River to check credit references and verify financial and other information. The undersigned <br /> also agrees to provide any additional information as may be requested by the City after the <br /> filing of this application. � ) <br /> Applicant Name 61 �1v /y '���J� f l< <' Date 7 <br /> By J eVA/ C � l C/� ) 1 <br /> Its j/ �if➢ f �C ���%�'/�� %✓rcAf <br /> 11 <br />