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ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY <br />MICRO LOANS <br />Distinctive Iron 3/3/2015 $126,000 2.03% 60 $874.72 $103,559.62 Y <br />Scott Morrell LLC 8/6/2015 $200,000 2.00% <br />60 $1,011.77 179,812.75 Y <br />Current <br />Current <br />1/26/18 <br />DEED Jobs Incentive Loan Fund 242 <br />Loan <br />Loan <br />Interest <br />Term <br />Monthly <br />Principal <br />Borrower <br />Date <br />Amount <br />Rate <br />(Months) <br />Payment <br />Outstanding <br />Current <br />Die Concepts <br />6/3/2016 <br />$185,200 <br />2.00% <br />60 <br />$936.90 <br />$173,699.31 <br />Y <br />Ethanol Technology <br />8/25/2008 <br />$74,000 <br />3.00% <br />60 <br />$716.03 <br />$66,729.66 <br />Summary Judgement Filed <br />Heritage Millwork <br />12/22/2016 <br />$100,000 <br />3.00% <br />60 <br />$965.61 <br />$91,368.65 <br />Y <br />Patriot Converting <br />5/5/2016 <br />$200,000 <br />3.00% <br />60 <br />$3,593.74 <br />$136,550.07 <br />Y <br />Preferred Powder <br />10/1/2013 <br />$100,000 <br />3.00% <br />60 <br />$967.61 <br />$61,142.04 <br />Y <br />Ralphies <br />9/10/2013 <br />$74,999 <br />3.00% <br />120 <br />$724.20 <br />$44,800.57 <br />Y <br />TOTAL MICRO LOANS <br />$574,290.30 <br />Micro Loan Fund 240 <br />Distinctive Iron 3/3/2015 $126,000 2.03% 60 $874.72 $103,559.62 Y <br />Scott Morrell LLC 8/6/2015 $200,000 2.00% <br />60 $1,011.77 179,812.75 Y <br />Fund Cash Balances 1/26/18: <br />Micro Loan Fund - 240 $685,887.15 <br />State DEED Jobs Incentive - 242 $212,990.30 <br />$283,372.37 <br />DEED Jobs Incentive Loan Fund 242 <br />Fund Cash Balances 1/26/18: <br />Micro Loan Fund - 240 $685,887.15 <br />State DEED Jobs Incentive - 242 $212,990.30 <br />