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6 . collateral to be assigned (Describe and show lien position) : <br /> A) To Bank: Building <br /> B) To Bank: None <br /> To Private Funding Source: None <br /> SC) <br /> D) To Other Source: None <br /> E) To Federal Govt: None <br /> F) To State: None <br /> G) To This Loan: Personal Property and Assets <br /> 7 . Value of Collateral: <br /> COST BOOK VALUE EXISTING <br /> LIENS <br /> A) Land $ 140,000 $ 320,000 $ None <br /> B) Buildings $ 1,082,000 $ 902,000 $ <br /> C) Mach. & Equip. $ -0- $ -0- $ <br /> D) Other $ -0- $ -0- $ <br /> E) Other $ -n- $ -o- $ <br /> 8. Employment*: <br /> 5Present: # of Employees 3 Total Payroll $ 120,000.00 <br /> After Project: # of Employees 5 Total Payroll $ 150,000.00 <br /> *If Loan is for Job Retention Only, Explain in Business Plan. <br /> 9 . Attorney, Accountant (Names, addresses, phone) : <br /> Ellingson and Ellingson 5101 Vernon Avenue S, Edina, MN 55929-0315 <br /> 10. Bank and Other Credit References (Names, addresses, phone) : <br /> Firstar Bank 4061 Lexington Avenue N Ardens, MN 55126 612-481-9500 <br /> GMAC Smart Lease 3500 W. 80th Street Minneapolis, MN 55431 800-200-4622 <br /> GM Card Dept. 9600 Carol Stream, IL 60128-9600 <br /> (800)-947-1000 <br /> Elk ive P inting 590 Dodge Avenue Elk River. MN 55330 (612) 441-5676 <br /> 111 -3- <br />