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St. James St. James <br /> j <br /> ---- - <br /> p F <br /> ---------------- <br /> Project Summary Terms Summary <br /> • Building Size:38,000 sf Loan Terms <br /> • Total Project Costs: $3,105,851 0 0%imerest/No Pacments <br /> L sable o fin(5)ces at$35,0001 . <br /> • Funding Sources o L m..is predicated upon satisfaction of all EDF loan term:including timclv project completion letion and <br /> Private k Iron&Financing 52,930,852 f hilment of the total job retention&creation goals. <br /> Storefront Ren—tion Grant $50,000 o To secure the<it s invest ent,a 51,'5,000 lien will he placed on the property in the form of an Open- <br /> EDF Loan <br /> penEDFLoan(non-CDBG) $175,000 End Mortgage. <br /> ,1 Secured Promissory Note in the amount of 51,'5,000 will also he - euted with STJS I holdings,LLC. <br /> Business Commitments o The expenditure of<itc loan funds is restricted to permanent phvsical impro ements to the building <br /> Oster Sen icesCompanies(4270 Residential and commercial construt i Fxpandingf omcurrent including windows,doors,MEP impro -. entsand replacements,tenant finishs,andother<tyapproved <br /> Lakewood location. quaGfring expenses. <br /> Allied Enterprises Inc(1525 sh:Electrical and electronic manufacturers representran c. o D ieloper must submit im oices and proof of pavatent associated with totaling I alihmg expenses m the <br /> V all, ur Plans LLC(4200 sh:Construction t plementaL sen ices companc. punt of 5175,000. <br /> Lakewood Business Forum(1145 sh:Business forum companc. <br /> PLNDLN(:(7780 M)Real estate •stments impanc. <br /> pt ADLNC:O710 shTcchnologvcompanv.l.l i igfrr rrent Lakewood location. <br />