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5.0. EDSR 02-10-1997
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5.0. EDSR 02-10-1997
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City Government
type
EDSR
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2/10/1997
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6 . Collateral to be assigned (Describe and show lien position) : <br /> A) To Bank: Building & Land $280, 000 . 00 <br /> B) To Bank: <br /> 111 C) To Private Funding Source: <br /> D) To Other Source: <br /> E) To Federal Govt: <br /> F) To State: <br /> G) To This Loan: $50 , 000 .00 2nd Mortgage <br /> 7 . Value of Collateral : <br /> COST BOOK VALUE EXISTING <br /> LIENS <br /> A) Land $ $ $ <br /> B) Buildings $ 280 , 000 . 00 $280 , 000 . 00 $2-76,.000-. 00)-Bank <br /> C) Mach. & Equip. $ $ $ <br /> D) Other $ $ $ <br /> E) Other $ $ $ <br /> 8 . Employment* : <br /> 111 Present: # of Employees 43 Total Payroll $79, nnn _ nn/week <br /> After Project: # of Employees Total Payroll <br /> *If Loan is for Job Retention Only, Explain in Business Plan. <br /> 9 . Attorney, Accountant (Names , addresses , phone) : <br /> Mark Saliterman LTD, Diamond Hi1.1 center , 4301 HWY 7 , Suite 100 <br /> St . Louis Park, MN 55416 920-8282 <br /> Fredrikson & Bryon; 1100` Inter.nationai` Centre , 900 Second Ave South <br /> ?1pT� M 5 0 1d 347-714z <br /> 10 . Bank and Other Credit References (Names, addresses, phone) : <br /> Joe Jensen, Park Nat ' l Bank, 5353 Wayzata Blvd . Mpls . , MN 55416 <br /> 544-3544 - Bank, Joe ' s desk - 591-2784 <br /> • <br /> -3- <br />
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