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Coon Rapids Development Company <br /> d/b/a Central Region Development Company <br /> GOAL: <br /> To provide small businesses a greater geographic region with an access to the SBA <br /> 504 loan program. <br /> 1) Territory of Operation <br /> A) Sherburne County <br /> B) Wright County <br /> NOTE: Anoka County will continue to be serviced by the Coon Rapids <br /> Development Company. <br /> 2) Identification <br /> A) A "dedicated" telephone line will be set up to answer any calls from <br /> Sherburne or Wright Counties. <br /> • B) Central Region letterhead will be used - promoting itself as the d/b/a of <br /> Coon Rapids Development Company. <br /> 3) Staffing and Responsibilities - Shared with CRDC <br /> A) Director (full time) <br /> B) Loan Packaging Consulting Firm (Bridgewater Financial Group) <br /> C) Clerical Worker (part time, 15 hours per week) <br /> 4) Projected Revenue and Expenses (rt cickt") <br /> See the attached sheets for CRDC projections for two full years of operation, <br /> including the two new Counties, beginning October 1, 1993. <br /> 5) Board of Directors <br /> The Coon Rapids Development Company will also serve as the Directors of <br /> Central Region Development Company. All Central Region loans will be <br /> reviewed on the same day as CRDC loans. All meetings will be held in Coon <br /> Rapids. <br /> • <br /> 6) Financial Participation <br /> cipation <br /> No financial participation will be expected from Sherburne or Wright Counties. <br />