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6.0. EDSR 03-09-1998
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6.0. EDSR 03-09-1998
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City Government
type
EDSR
date
3/9/1998
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11. Attach and include the following: <br /> X A) Written Business Plan: <br /> 1. Description of Business <br /> • 2 . Ownership <br /> 3. Management <br /> 4 . Date established <br /> 5. Products/Services <br /> 6 . Future Plans <br /> X B) Financial Statements for past two years <br /> X C) Financial Projections for two years <br /> X D) Resume of Owner/Management <br /> X E) Personal Financial Statements of proprietor, partners, <br /> guarantors <br /> X F) Letter of commitment from applicant pledging to complete <br /> during the proposed project duration <br /> See H <br /> Below G) Letter of commitment from the other sources of financing, <br /> stating terms and conditions of their participation in <br /> project <br /> X H) Other Negotiations for loan commitment are now under way with The <br /> Bank of Elk River and Firstar Rank of St_ Anthony_ Applicant to <br /> decide within 90 days from final bank proposal. <br /> III I) Other <br /> J) Fee ( 1% of amount of loan request) <br /> • <br /> 111 <br /> -4- <br />
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