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4.5 EDA LOAN REPORT 03-16-2020
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4.5 EDA LOAN REPORT 03-16-2020
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3/13/2020 10:33:50 AM
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City Government
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3/16/2020
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4.5. <br />YYYYYYY <br />Current <br />Micro Loan Fund 240DEED Jobs Incentive Loan Fund 242 <br />3/13/20 <br />Principal <br />$71,585.58$28,376.13$13,721.02187,022.66160,907.73156,113.60 <br />$156,512.84$270,195.57$504,043.99 <br />Outstanding <br />$ <br />$936.90$965.61$724.20$343.65 <br />Current <br />Monthly <br />Payment <br />$1,050.07$1,011.77$2,642.66 <br />606060606084 <br />120 <br />Term <br />(Months) <br />Rate <br />2.00%3.00%3.00%3.00%2.03%2.00%3.00% <br />CurrentInterest <br />Loan <br />$74,999$19,175 <br />Amount <br />$185,200$100,000$126,000$200,000$200,000 <br />MICRO LOANS <br />6/3/20168/6/2015 <br />Date <br />Loan <br />9/10/20138/28/201810/1/20197/17/2018 <br />12/22/2016 <br />$880,610.17$117,518.47 <br />ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY <br />BorrowerDie ConceptsHeritage MillworkRalphies#1Ralphies#2 TOTAL MICRO LOANSDistinctive IronScott Morrell LLCOrluckFund Cash Balances 03/13/20:Micro Loan Fund - 240State DEED Jobs <br /> Incentive - 242 <br />
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