Funds Requested: $2,500,000

BREAKDOWN ON USE OF FUNDS

Setup Costs - $54,000

• Soldering Technician - $2,000
• Woodworker - $2,000
• Web Designer - $5,000
• Lawyer - $20,000
• Primary Office Setup - $25,000

Staff Costs Yearly - $350,000 (x2 - $700,000)

• Groundskeeper - $50,000 ($100,000)
• Woodworker - $80,000 ($160,000)
• Customer Service Reps - $160,000 ($320,000)
• Other - $60,000 ($120,000)

Remaining Use - $1,746,000

• Location Funds - $1,650,000
  • Used for purchase of property and land
• Support and Marketing - $96,000
  • Used for marketing
  • Utilities
  • Other

Ratio of Use Protected

• Secured through liquidation of assets on a worst case scenario - 66%
• Unsecured through liquidation of assets on a worst case scenario - 34%
  • Some of this up to $55,000 of the $850,000 may be able to be returned through liquidation which would increase the ratio from 66% to 68% at best.