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6 . Collateral to be assigned (Describe and show lien position) : <br /> A) To Bank: FIRST LIEN POSITION ON ALL ASSETS <br /> B) To Bank: <br /> • C) To Private Funding Source: <br /> D) To Other Source: <br /> E) To Federal Govt: 2nd Mortgage to SBA <br /> F) To State: <br /> G) To This Loan: 3rd position on building and other assets <br /> 7 . Value of Collateral: <br /> COST BOOK VALUE EXISTING <br /> LIENS <br /> (see summary of project costs) <br /> A) Land $ $ $ <br /> B) Buildings $ $ $ <br /> C) Mach. & Equip. $ $ $ • <br /> D) Other $ $ $ <br /> E) Other $ $ $ <br /> 8 . Employment* : <br /> • Present: # of Employees Total Payroll <br /> After Project: # of Employees 8 Total Payroll $240,000 <br /> *If Loan is for Job Retention Only, Explain in Business Plan. <br /> 9 . Attorney, Accountant (Names, addresses, phone) : <br /> William K Goodrich, Attorney <br /> Randall, Dehn & Goodrich <br /> 2140 Fourth Ave. North Anoka, MN 55303 <br /> 10 . Bank and Other Credit References (Names, addresses, phone) : <br /> Greg Wittnebel First Bank 647-15.31 <br /> 2383 University Ave. <br /> Saint Paul, M►l 55114 <br /> • <br /> -3- <br />