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