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VI. ATTACHMENTS CHECKLIST <br /> Please attach the following: <br /> A� Written Business Plan: <br /> 1. Description of Business <br /> 2. Ownership <br /> 3. Management <br /> 4. Date Established <br /> 5. Products/Services <br /> 6. Future Plans <br /> B� Financial Statements for Past Two Years <br /> C) Financial Projections for Two Years <br /> D) Resume of Owner/Management <br /> E) Personal Financial Statements of Proprietor,Partners, <br /> Guarantors <br /> F) Letter of Commitment from Applicant Pledging to Complete <br /> During the Proposed Project Duration <br /> G) Letter of Commitment from the Other Sources of Financing, <br /> Stating Terms and Conditions of their Participation in <br /> Project <br /> Fee of 1%of amount of loan request <br /> I) Certificate of Good Standing <br /> VII. AGREEMENT <br /> I/We certify that all information provided in this application is true and correct to the best of my/our <br /> knowledge. I/We authorize the City of Elk River and the Finance Committee to check credit references and <br /> verify financial and other information. I/We agree to provide any additional information as may be requested by <br /> the City and the Finance Committee. <br /> APPLICANT SIGNATURE <br /> BY <br /> DATE <br /> Forgivable Loan Policy and Application P O N [ R 1 U R <br /> INAWREE] <br /> Page 15 of 20 <br />