This report shows the results of a Draw Loan specified in support of the Build to Suit Industrial Building development project. The results are based on drawing 100% of the eligible costs specified. Draws are scheduled to occur each month during the life of the project. The loan bears interest at 9.000% and interest is scheduled to be accrued, and paid as part of the payments discharging the loan.There are no loan fees projected.
| Time | Draw Required | Payments | Interest Accrued | Loan Balance | | Feb 03 | $78,000 | | $585 | $78,585 |
| Mar 03 | $591,600 | | $5,026 | $675,211 |
| Apr 03 | $306,000 | | $7,359 | $988,570 |
| May 03 | $399,600 | | $10,411 | $1,398,582 |
| Jun 03 | $255,600 | | $12,406 | $1,666,588 |
| Jul 03 | $45,600 | | $12,841 | $1,725,030 |
| Aug 03 | $230,400 | | $14,666 | $1,970,095 |
| Sep 03 | | $1,970,095 | | |
| Totals | $1,906,800 | $1,970,095 | $63,294 | $0 |
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