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04/08/10
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9. Current personal financial statement (See credit application) for each <br />proprietor, partner and each stockholder with 20% or more ownership of the <br />Business. Also when required by the City of Ramsey, personal financial <br />statements from officers and shareholders with less than 20% ownership. <br />Exhibit IX <br />10. A schedule of any previous government financing by any principals or <br />affiliates. Indicate name of agency, the original amount, date of the request, <br />approved or declined. The outstanding balance and whether it is current, <br />delinquent or paid in full. Exhibit X <br />11. A copy of existing or proposed lease or purchase agreement for other <br />financing arrangements. Preliminary plans and specifications and <br />estimates of cost covering new construction and /or machinery and <br />equipment (M &E). Verification of the useful life of any M &E. Exhibit XI <br />12. A brief statement concerning the purpose of the loan and its potential <br />economic development impact. Exhibit XII <br />The following questions are for business startups only. <br />13. A pro forma balance sheet and projected income statement for two years. <br />Exhibit XIII <br />14. A monthly cash flow analysis for the next 12 months or 3 months beyond <br />the breakeven point. Exhibit XIV <br />Received by the City of Ramsey: <br />Name: Date: <br />
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