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3 . Purpose of Loan: <br /> To be used as back up working capital for incedentals that <br /> seem to crop up in any type of project: utilities, office <br /> • supplies , shop supplies , etc. . . <br /> Tot( (.n4,1_1 „:44 1706, bve, <br /> p.v4W At-e ta-04-1€ <br /> 4 . Cost of Project: <br /> A) Land $ 100,000 <br /> B) Buildings (attach plans & costs) $ 742 ,000 <br /> C) Equipment/Machinery/Fixtures (attach list <br /> and estimated costs) $ 20,000 <br /> D) Remodeling $ 0 <br /> • E) Industrial Inventory/Working Capital $ 50,000 <br /> F) Other (attach description) $ 0 <br /> TOTAL COSTS $ 912 ,000 <br /> 5 . Proposed Financing: <br /> SOURCE NAME TERMS AMOUNT <br /> A) Bank Loan 1st National 20 Years $ 740,000 <br /> Bank of Elk <br /> B) Bank Loan River $ <br /> C) Other Private Funds $ <br /> D) Applicant Contribution $ 122 ,000 <br /> E) Other $ <br /> F) Fed Grant/Loan $ <br /> G) State Grant/Loan $ <br /> • H) This Loan EDA 5 Years $ 50, 000 <br /> TOTAL FINANCING $ 912, 000 <br /> -2- <br />