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ECONOMIC DEVELOPMENT MICRO LOAN FUND <br /> ELK RIVER, MINNESOTA <br /> APPLICATION <br /> Item 7. <br /> APPLICANT Christopher A. Carlson and Debra L. Carlson, d.b.a . Carlson <br /> Outdoors , Sportech, Inc. <br /> ADDRESS 15136 Co. Rd. 79 <br /> CITY Elk River STATE MN ZIP CODE 55330 <br /> CONTACT PERSON(S) Chris Carlson <br /> BUSINESS PHONE 441-8975 HOME PHONE <br /> AMOUNT REQUESTED $45, 000 <br /> TERMS REQUESTED 8 . 5% 5 Year Balloon, 20 Year Amortization <br /> C - 473-90-4006 <br /> SOCIAL SECURITY NUMBER D - 472-96-2896 FED ID # 41-1867686 <br /> STATE ID # 3091880 <br /> 1. Type of Project: <br /> X Construction/New Building Expansion/Existing <br /> Building <br /> X Equipment/Machinery Purchase Remodel/Commercial <br /> • Retail/Industrial <br /> Industrial Inventory Working Capital <br /> Other <br /> 2 . Describe Project: <br /> BUILDING - Construction of an 80 ' x 130 ' , 10,400 square foot <br /> facility with offices , warehouse and manufacturing. The site <br /> will be on 9 acres on Jarvis Street across from Renner Well <br /> Drilling. Cost of land and building - $350, 000. <br /> EQUIPMENT - We will be purchasing equipment for production of <br /> our snowmobile windshields including a 3-phase electrical heat <br /> source for our drape molding process . COST - $50, 000 <br /> 111 <br />