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EDSR INFORMATION #2 04-11-1994 Nh1? 2 4 7394 /NDYIUBE® • FOR MtOH IN March 18, 1994 Mr. Bill Rubin Economic Development Authority P. 0. Box 490 13065 Orono Parkway Elk River, MN 55330 Dear Mr. Rubin, Financing a small business can be a challenge. It was a pleasure to find the Elk River Economic Development Authority interested in our project as we selected cities for development. Your additional subordinated financing was important to the project's viability. • Thank you for including Indy Lube in the Winter 1994 edition of your "Progress Report". We appreciate all of your help and support of our knew store in Elk River. Sincezely, G,r- J' R. Sapp / resident l /JS/mw • Entrepreneur Of The Year® Agasp 1991 Award Recipient CORPORATE HEADQUARTERS • 6505 EAST 82ND STREET, SUITE 209 • INDIANAPOLIS, INDIANA 46250 (317) 845-9444 • FAX (317) 577-3169