Thank you for your interest in the Siouxland Economic Development Corporation's (SEDC's) programs! Attached is a description of the program(s) in which you have expressed interest. In order to apply for any program, the following items must be submitted by the first Wednesday of the month in order to be considered by the SEDC Loan Committee: EXHIBIT A - Description of Business Provide a brief narrative of the history and description of the business. EXHIBIT B - Project Cost and Use of Proceeds Provide a statement detailing the costs of the project, the amount and source of financing, and source of borrower's equity injection. EXHIBIT C - Community Impact Explain if there will be jobs created or other benefits to your community. EXHIBIT D - Personal Financial Statement and the last two years of personal Federal Tax Returns Required for each person owning 20% of the business. EXHIBIT E - Resumes Provide a resume for all individuals involved in day-to-day management of the business. EXHIBIT F - Financial Information a. Balance Sheets and Profit & Loss Statements for the previous three years for existing businesses. b. Current Balance Sheet and current Profit and Loss Statement (no older than 90 days) for existing businesses. c. Projected Balance Sheet and Profit and Loss Statement for two years. d. Monthly cash flow for the first twelve months. e. Last two years of Federal Tax Returns for any other business entities owned and operated by the applicant.

EXHIBIT G - Identify Bank to be involved in this project. EXHIBIT H - New businesses must submit a Business Plan. We (I), the undersigned, hereby state that the information contained in this application is true and accurate. We (I) acknowledge that the information contained herein will be made part of and incorporated into any loan agreement which may be made. If we (I) are applying for a Microloan we have also enclosed a $20.00 check for a credit report. _______________________ Date __________________________________________________ Signature __________________________________________________ Signature NOTICE: IMPORTANT INFORMATION ABOUT IDENTIFICATION PROCEDURES WHEN OBTAINING AN SBA 504 LOAN To help the government fight the funding of terrorism and money laundering activities, Federal law requires all Certifìed Development Companies to obtain, verify, and record informatíon that identifies each person who applies for a 504 loan. What this means to you: When you apply for a 504 loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. How did you hear of SEDC? (circle one) Bank Web Site SCORE SBDC Other: _________________________ Submit completed application to: Siouxland Economic Development Corporation (SEDC) 1106 Historic 4th Street, Suite 201 Sioux City, Iowa 51101 This institution is an Equal Opportunity Provider.