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7.1 SR 10-05-2020
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7.1 SR 10-05-2020
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7/28/2021 1:56:33 PM
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10/5/2020
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D. SOURCES & USES <br />SOURCES <br />Bank Loan <br />Other Private Funds <br />Owner Cash Equity <br />Fed Grant/Loan <br />State Grant/Loan <br />EDA Micro Loan <br />Tax Increment <br />ID Bonds <br />TOTAL <br />NAME <br />Village Bank_ <br />Private Investor <br />SBA Loan <br />TIF__ <br />AMOUNT <br />$1,259,050_ <br />$200,000 <br />$98,258_ <br />$1,036,000_ <br />$ <br />$400,000._ <br />$2,993,308 <br />USES <br />AMOUNT <br />Land Acquisition <br />$378,100 <br />Site Development <br />$513,377` <br />Construction <br />$1,926,944___ <br />Machinery & Equipment <br />$ <br />Architectural & Engineering Fees <br />$61,365� <br />Legal Fees <br />$— <br />Interest During Construction <br />$ <br />Debt Service Reserve <br />$ <br />Contingencies <br />$113,522 <br />TOTAL $2,993,308 <br />
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