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03.04A - Larsen Foundation Loan Payoff Library Bldg
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08-02-2011 Council Meeting
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03.04A - Larsen Foundation Loan Payoff Library Bldg
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3/19/2014 11:15:23 AM
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ANCHORgTRUST <br />TRUST & ADVISORY SERVICES <br />PAYOFF STATEMENT <br />Account Name: John Larsen Foundation Agency <br />Account Number: 5151 <br />Borrower: Pequot Lakes Community Library <br />Lender: John Larsen Foundation <br />Original Loan Agreement: $50,000 Q 3.0% for 5 years <br />Summary Payoff Statement for Pequot Lakes Library Loan <br />Principal Balance (as of 07/15/11): $ 30,072.91 <br />' Days of Interest (19 days of per diem): $ 46.96 <br />Payoff Good Thru (08/03/2011): <br />*** per diem calculated as follows: $30,072.91 * 3% / 365 = $2.4717 per day *** <br />*** $2.4717 * 19 days = $46.96 *** <br />" per diem dates (07/15/11 thru 08/03/11)*** <br />$ 30,119.87 <br />
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