This report shows the results of a Draw Loan specified in support of the Office Development 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 7.000% 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 10 | $76,211 | | $445 | $76,656 |
| Mar 10 | $92,711 | | $988 | $170,355 |
| Apr 10 | $391,628 | | $3,278 | $565,261 |
| May 10 | $608,461 | | $6,847 | $1,180,568 |
| Jun 10 | $598,961 | | $10,381 | $1,789,910 |
| Jul 10 | $613,834 | | $14,022 | $2,417,766 |
| Aug 10 | | | $14,104 | $2,431,870 |
| Sep 10 | | $2,431,870 | | |
| Totals | $2,381,806 | $2,431,870 | $50,065 | $0 |
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