Laserfiche WebLink
<br /> <br />CWCB Construction Fund Loan Application <br />' 10. Loan amount and terms you are requesting. <br />Requested Loan Amount: $_ 1,272,240 (90%) (Usually 75-90 % of Est. Total Costs) <br />Term (length) of loan: _ 30 years (usually lo, 20, or 3o years) <br />Interest Rate: 2.5 % (Please call for our current rates) <br />Part C. - Project S onsor Financial Information <br />P <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 also <br />requested that the project sponsor submit with this application, copies of the three most recent annual <br />reports, financial statements, corporate reports or other current documentation of financial condition <br />and operations. <br />1. List any existing long-term liability (multi-year) or indebtedness that exceeds one thousand dollars. <br />' For example, bank loans, government agency loans, bond issues, accounts payable, etc. Include <br />names and addresses of lenders, amounts, due dates and maturity dates. Attach a separate <br />schedule, if needed. <br />' Remauiing Annual Maturity <br />Lender Name & Address Amount Payment Date <br />' None <br />' 2. Are any of the above liabilities now in default, or been in default at any time in the past? YES <br />NO If YES, please give detailed explanation. <br />N/A <br /> <br /> <br />C <br /> <br /> <br />3. Please provide a brief narrative description of sources of funding, in addition to the CWCB, which <br />have been explored for this project (Examples would be Banks, USDA Rural Development, <br />NRCS, Colorado Water Resources and Power Development Authority, Colorado Division of <br />Local Government, etc.). <br />Please see Table 2 -Financial Summary <br />4 <br />