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1300 Babcock Boulevard <br />PO Box 530 <br />Delano, MN 55328 <br />(763) 972-2935 <br />May 10th 2021 <br />Colleen Eddy <br />Economic Development Director <br />13065 Orono Parkway <br />Elk River, MN 55330 <br />Dear Ms. Eddy, <br />I am requesting Elk River EDA's consideration of a two-year extension of its loan to & M Properties. <br />The loan was originated in August 2015 for construction of their new corporate headquarters for Die <br />Concepts. CorTrust Bank is not able to match the terms and conditions of the EDA's extension. <br />Please let me know if you have any question, thank you for your time and consideration. <br />Sincere), <br />� <br />�. <br />Paul Stecker <br />VP- Commercial Banking Officer <br />763-972-4531 <br />