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ELK RIVER ECONOMIC DEVELOPMENT <br />FORVIABLE LOAN APPLICATION <br />I. CONTACT INFORMATION <br />Legal Name of Business: Apex Embroidery Design, Inc. <br />Project Site Address: 9775 158`s Circle NW <br />City / State / Zip <br />Contact Person(s) <br />Business Phone <br />Check One: <br />Social Security No. <br />Elk River, MN 55330 <br />Annie Deckert. 763-568-9498, anide@decklangroup.com <br />763-241-4634 Fax <br />Proprietor <br />763-441-8417 <br />X Corporation Partnership <br />Federal ID # 41-1901329 State ID # 3682215 <br />il. NATURE OF LOAN REQUEST <br />Does your project involve purchasing city -owned property? <br />Yes <br />X No <br />Amount Requested: $ 200,000 Total Project Cost: $1,7150,968 <br />Type of project <br />New construction for a startup business. <br />X New construction for an existing business. <br />On site expansion <br />Equipment purchase <br />Other <br />Project timeline: <br />Apex Embroidery would like to begin construction no later than November 1, 2016 <br />and anticipates the project will take approximately 16 weeks to complete. Apex <br />would like to be in their building by the Spring of 2017. <br />Forgivable Loan Fund Application Page 9 of 8 <br />DRAFT <br />