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2.0. EDSR 01-18-1994
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01-18-1994 SPECIAL
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2.0. EDSR 01-18-1994
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City Government
type
EDSR
date
1/18/1994
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6 . Collateral to be assigned (Describe and show lien position) : <br /> A) To Bank: 3rd Mortgage on homestead -- $30, 000 <br /> B) To Bank: <br /> C) To Private Funding Source: <br /> • D) To Other Source: <br /> E) To Federal Govt: <br /> F) To State: <br /> G) To This Loan: Restaurant equipment <br /> 7 . Value of Collateral : <br /> COST BOOK VALUE EXISTING <br /> LIENS <br /> A) Land $ $ $ <br /> B) Buildings $ $ $ <br /> C) Mach. & Equip. $ 85, 000 $ 50, 000 $ -0- <br /> D) Other $ $ $ <br /> E) Other $ $ $ <br /> 8 . Employment* : <br /> • Present: # of Employees N/A Total Payroll <br /> After Project: # of Employees 15 - 20 Total Payroll $90, 000 <br /> *If Loan is for Job Retention Only, Explain in Business Plan. <br /> 9 . Attorney, Accountant (Names, addresses, phone) : <br /> Bruce Johnson. Atty. at Law 1102 West Broadway, Mpls . , 521-3503 <br /> Jim McGie & Assoc. , CPA 4601 Excelsior Blvd. , St . Lcnnis Park <br /> 920-3280 <br /> 10. Bank and Other Credit References (Names, addresses, phone) : <br /> Norwest Bank Minnesota/ Barb Peitso, Consumer Manager, 421-0168 <br /> 217 E. Dean Avenue, Champlin MN 55316 <br /> Midland Mortgage Co. P.O. Box 26648, Oklahoma City, OK 73126-0648 <br /> 1-800-654-4566 or Loral (405) 943-8079 <br /> Marquette Bank Brookdale 5620 Brooklyn Blvd . , Brooklyn Cnl-r. 55429 <br /> • <br /> -3- <br />
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