ITEMS

REQUESTED

RECIEVED

1. CORNERSTONE/CLIENT fee Agreement and Application _____________________________________________________________________

2. Application Fee if required______________________________________________________________

3. Letter detailing requested amount and precise use of funds________________________________________________________________

4. List of Corporate Officers and Directors and/or Partners/Owners________________________________________________________

5. Personal Financials (current) and last 3 years personal tax returns_______________________________________________________________

6. Personal Credit Report and/or D & B report________________________________________________________________

7. Corporate Resolution Authorization__________________________________________________________

8. Resume' of all Principals_____________________________________________________________

9. Company Financial Statements (3 years or tax returns for 3 years)____________________________________________________________________

10 Projected Operating Statements (pro forma)____________________________________________________________________

11 Historical Background of Company_____________________________________________________________

12. Two (2) Bank References____________________________________________________________

13. Three (3) Business References____________________________________________________________

14. List of Outstanding Loans - balance & where - current status/delinquency______________________________________________________

15. List of all Leases/Rentals - amount & where - current status/delinquency______________________________________________________

16. Franchise agreements/Management agreements____________________________________________________________

17. Appraisal of Property/Project (MAI)_____________________________________________________________________

18. Legal Description of Property, copy of Mortgage and/or Liens_________________________________________________________________

19. Photos of Property/Site Plans_________________________________________________________________

20. Map of Area_________________________________________________________________

21. Plans and Specs________________________________________________________________

22. Survey ____________________________________________________________________

23.Contractors Bids and/or Estimates - cost breakdown____________________________________________________________

24. Feasibility Study________________________________________________________________

25. Market Research______________________________________________________________

26. Project Analsis____________________________________________________________________

27. Amount of Equity by Applicants/Partners/J-V/Others _____________________________________________________________________

28. Project Cash Flow statements for 2 years_________________________________________________________________

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