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.F. Financial Data <br />1. Business historical financial statements for three years <br />2. Business interim financial statements less than 90 days old <br />3. Business projections for two years (including a list of assumptions) <br />4. Recent financial statements of affiliate or subsidiary companies (if <br />appropriate) <br />5. Personal financial statements from each owner controlling 20% or more <br />of the business <br />6. Sources and uses of funds <br />7. Summary of attempts to finance outside of Fund <br />8. Effect of Fund in leveraging other lending sources <br />G. Additional Required Information <br />I . Describe net direct impact on County employment <br />2. Describe net direct impact on area business and the local economy <br />3. Nature and extent of available collateral/guarantees <br />4. Proposed repayment schedule <br />5. Net impact upon tax base, and any proposed tax abatement <br />6. Nature and extent of any equity participation <br />7. Bank commitment letter <br />III. PLAN REQUIREMENTS <br />A. Target Area <br />1. City of South Bend <br />B. Target Industry <br />1. Any NAIC Code except agriculture, forestry, fishing and hunting, mining <br />and public administration <br />C. Portfolio Standards <br />1. Job/Cost ratio <br />a. Project cost not greater than $35,000 per job; or <br />b. Portfolio not greater than $35,000 per job <br />2. Public/Private leverage ratio <br />a. Project leverage ratio not less than 2:1; or <br />b. Portfolio leverage ratio not less than 2:1 <br />c. Does not include other public funds <br />3. Types of projects <br />a. Start-ups not to exceed 3 0% of poi tfo lio assets <br />b. Expansions not to exceed 100% of portfolio assets <br />c. Retentions not to exceed 100% of portfolio assets <br />d. Industrials not to exceed 100% of portfolio assets <br />e. Fixed assets not to exceed 100% of portfolio assets <br />f. Working capital not to exceed 50% of portfolio assets <br />45 <br />