Fw: Dangene McKay Bailey (NY) LLC 20ny0994730.2

Hi Jennie,

As discussed, you have been approved for a $90,038.00 loan @ a fixed rate of 7.25% with monthly payments of $1392.05 (principal and interest). The Small Business Administration (SBA) Packaging Fee of $250 and the SBA Loan fee of $912.00 will also be financed with the loan. This loan will be used to pay down your 100k line of credit, which has a current balance of 90k. Doing this will free up your 100k line of credit for other business use. This will make your total bank loans and line = $190k

Your advisor should feel free to reach out to me if he has any questions. I am a bit under the weather so I might work a half day today so in that case, I can be reached on my cell at 3475246086.

Thank you.

Mutiu Akinsemoyin
Vice President
JPMorgan Chase Business Banking
51 West 51st Street New York,
Telephone EFax - Business Premier Line

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