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<br />CWCB Construction Fund Loan Application <br /> <br />Estimated Engineering Costs: $ 15,000 <br />Estimated Construction Costs: $112,500 <br />Estimated Total Costs: $127,500 <br /> <br />10. Loan amount and terms you are requesting. <br />Requested Loan Amount: $114,750 <br />Term (length) ofloan: 20 years <br />Interest Rate: 2.25 % <br /> <br />(Usually 75% of Estimated Total Costs) <br /> <br />(Usually 10,20, or 30 years) <br /> <br />(Please call for our current rates) <br /> <br />Part C. - Project Sponsor Financial Information <br /> <br />Because the CWCB Construction Fund is a revolving fund, it is important that the project sponsor <br />have the financial capacity to repay any loans made by the CWCB. The following information is <br />needed to assist the CWCB in a preliminary assessment of the applicant's financial capacity. It is <br />also requested that the project sponsor submit with this application copies of the two most recent <br />annual reports, financial statements, corporate reports or other current documentation of <br />financial condition and operations. <br /> <br />1. List any existing liability or indebtedness that exceeds one thousand dollars. For example, bank. <br />loans, government agency loans, bond issues, accounts payable, etc. Include names and <br />addresses of lenders, amounts, due dates and maturity dates. Attach a separate schedule, if <br />needed. <br /> <br />Lender Name & Address <br /> <br />Remaining <br />Amount <br /> <br />Annual <br />Payment <br /> <br />Maturity <br />Date <br /> <br />FL Gill H20 LLC has no debt obligations. <br /> <br />2. Are any of the above liabilities now in default, or been in default at any time in the past? <br />YES_ NOJ!lL. If YES, please give detailed explanation. <br /> <br />3. Please provide a summary of all revenues received during the last two fiscal years by category <br />(such as service charges, tap fees, assessments, etc) <br /> <br />FL Gill H20 LLC was formed in 12/03, thus no previous [mancial records exist. The three <br />farming operations that own the LLC had cumulative average revenues of approximately <br />$168,000 over 2001 and 2002 (the two most recent years for which information is <br />available). The cumulative current net worth of the three operations is approximately $1.65 <br />million. Additional information can be provided on request. <br /> <br />4 <br /> <br />CFlA902 <br />