At this time, I will turn today's call over to how to acquire a small business loan Mr. Brian Shore, Chairman and Chief Executive Officer. Mr. Shore, you may begin your conference. -------------------------------------------------------------------------------- Brian Shore, Park Electrochemical Corporation - Chairman and CEO [2] -------------------------------------------------------------------------------- Thank you, operator, this is Brian. Good morning everybody, happy new year. I'm with Matt Farabaugh, our CFO, as usual, and we will start with some introductory remarks of course and then we'll go into the questions.

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Secured loans carry lower interest rates than unsecured loans and come with higher loan amounts too. You probably asking what the catch to this is? When a person wants to buy a home and approaches a residential lender for loan approval, paying for a property appraisal is considered common and is not objected to by the Client. A basic loan modification requirement is to demonstrate to your lending institution that you are faced with a financial hardship situation. Many 504 loan borrowers are companies that have tens of millions in sales. Escrow or reserve funds for insurance or taxes are another requirement - these can vary based on the price of the home and are normally paid by the buyer although if you are taking out a A Veteran’s Administration loan, the seller pays this amount. The hardship letter must be detailed, in order for the bank not to pass over your loan modification request. 2. For example, different lenders may focus on financing varying property types, or they may have differing requirements for management experience or historic cash flow.

To get majority of loans approved, you need to place something as security. There may also be fees for credit checks, loan origination, home inspections, termite inspections, etc. Prepayment: Prepayment could be an excellent way to pay off the loan faster. The worse the chances are that you will make your payments on time, the higher the interest rate they will offer you. You can even cite some offers which you found elsewhere but had to forego when you chose them. When she sells a rate below par it represents a cost to the lender that she usually passes along to the borrower in the form of points. Within a moment, you can easily meet several lenders, who are interested in offering personal unsecured loans for a long period.