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Diamond's Sports Bar and Grill is a new construction, with a projected opening date of October 1, 1998. <br />The project is being financed by the First National Bank of Elk River, located at 1121 W Hwy. 10, in <br />Anoka, Minnesota, 55303. The interest rate for the loan is at 9~,~ %, with a monthly payment of $9820.58, <br />for fifteen (I 5) years, based upon a loan amount of $954,203. <br /> <br />Gary Gruber and Rich Boushek are each investing $150,000 for a total of $300,000 and are officers and <br />owners of the RGG, Inc. The funds are on hand at the First National Bank of Elk River. <br /> <br />The building complex operated by Diamond's Sports Bar and Grill is solely owned by RGG,/nc. <br /> <br />I <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br /> <br /> ! <br />I <br /> <br />I <br />I <br />I <br />I <br /> <br /> <br />