Laserfiche WebLink
ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY <br />MICRO LOANS <br />Current Current 3/14/19 <br />Loan Loan Interest Term Monthly Principal <br />Borrower Date Amount Rate (Months)Payment Outstanding Current <br />Die Concepts 6/3/2016 $185,200 2.00%60 $936.90 $164,537.57 Y <br />Heritage Millwork 12/22/2016 $100,000 3.00%60 $965.61 $80,875.91 Y <br />Patriot Converting 5/5/2016 $200,000 3.00%60 $3,593.74 $90,272.53 Y <br />Ralphies#1 9/10/2013 $74,999 3.00%120 $724.20 $36,089.33 Y <br />Ralphies#2 8/28/2018 $19,175 3.00%60 $343.65 $17,384.17 Y <br /> TOTAL MICRO LOANS $389,159.51 Micro Loan Fund 240 <br />Distinctive Iron 3/3/2015 $126,000 2.03%60 $874.72 $93,655.15 Y <br />Scott Morrell LLC 8/6/2015 $200,000 2.00%60 $1,011.77 169,734.88 Y <br />Orluck 7/17/2018 $200,000 3.00%84 $2,642.66 182,707.97 Y <br />$446,098.00 DEED Jobs Incentive Loan Fund 242 <br />Fund Cash Balances 03/14/19: <br />Micro Loan Fund - 240 $835,152.43 <br />State DEED Jobs Incentive - 242 $60,976.31