HomeMy Public PortalAbout1992-02-26 LOCAL DEVELOPMENT COMPANY AGENDA . r I
• ~ °•
+, , .
LYNWOOD LOCAL DEVELOPMENT COMPANY P�
BOARD OF DIRECTORS R E EIV E D
CITY OF LYMNQ00
wednesday, February 26, 1992 CITY CL6RK8 O�PICE
. 3:0o P.m. ��B 24 1992
py PM
City Council Chambers 7�8�9i10�lli12�1i2i3i9�5i8
Lynwood City Hall ���l ��
11330 Bullis Road N
Lynwood, CA. 90262 �
��
BERNARD LAKE LEIGHTON HULL
VICE-PRESIDENT PRESIDENT
CELIA ARROYO ALFREDDIE JOHNSON
MEMBER MEMBER
ERNEST TOPPS
SECRETARY-TREASURER
I. OPENING CEREMONIES: �
A. CALL TO ORDER I
1. Flag Salute
2. Roll Call: Hull, Arroyo, Lake, Topps, Johnson !
B. Certification of Agenda Posting ,
II. APPROVAL OF MINUTES - November 26, 1991 ;
III. INFORMATIONAL ITEMS �
A. RECEIPT OF TWO APPLICATIONS FOR BUSINESS DEVELOPMENT
ASSISTANCE
Comments•
Staff i's in receipt of two applications submitted for
financial assistance by Juanita Ramos and Helen
Mendoza. An examination of the applications reveled �
that both applications were incomplete. On
January 13, 1992, both were informed in writing �
regarding additional information needed for review and �
processing -- see the copy of the letter. '
While Ms. Juanita Ramos has approached the Assistant
City Manger as well as a number of other City
employees regarding her loan request and the requested ;
information, staff has refused to furnish the needed ;
information to staff. More specifically, Ms. Ramos '
was informed that certain financial statements, as '
well as a Business Plan, and a description of the �
intended use of the loan proceeds, should be
submitted. I
!
�
I
I
_-_- _,. - . _ I
• �
B. AN UPDATE REGARDING THE PENDING LOAN APPLICATION
SUBMITTED BY MOUTH OF THE SOUTH
Comments :.
Following the Board's decision to obtain additional
information regarding the application submitted by
Mouth of the South, staff has spoken to Mr. Spears on
two occasions. Mr. Spears informed staff that he
would provide certain information that in his view
would strengthen his case for financial assistance by
LLDC. Staff awaits the receipt of same.
C. LLDC's CURRENT BALANCE SHEET FOR REVIEW AND
CONSIDERATION.
Comments•
A balance Sheet indicating the financial position of
the LLDC has prepared and submitted herein.
D. PROPOSAL FOR REQUEST FOR ALLOCATION OF ADDITIONAL
FUNDING FOR LLDC BUSINESS ASSISTANCE LOANS.
Comments
As the attached Balance Sheet indicates, LLDC is at
the very depleting its financial resources due to the
number of loans that it has made out of the initial
allocation of $100,000.00 received in 1986.
The existing fund balance is not sufficient to meet
the allocative need brought on by four (4) loan
applications currently under review. For this reason,
discussions regarding securing of an additional �
allocation is in order.
f
IV. ITEMS FOR CONSIDERATION:
REQUEST FOR FINANCIAL ASSISTANCE �
On November 26, 1992, the LLDC Board decided to defer '
rendering a decision on the application submitted for
financial assistance by a business concern named Moon
Truckina. Subsequently, staff contacted Mr. Moon �
regarding obtaining of additional information for further
analysis of the loan request. On February 10, 1992, the
requested information was furnished to staff by Mr. Moon. �
A staff report has been prepared ("Attachment I")
containing additional analysis of the financial statements �
submitted for review and consideration.
V. WARRANT REGISTER
Invoices from Security Pacific Bank for the payment of the �
Annul Fees for the administration of the LLDC loans for
Jean Johnson ($201.27) and P. Lang ($200.00). �
VI. STAFF ORALS �
Comments with respect to any of the above items. �
VII. BOARD ORALS '
VIII. ADJOURNMENT �
i
I
A •
LYNWOOD LOCAL DEVELOPMENT COMPANY
MINUTES
November 26, 1991
DUE TO THE FACT THAT THE AUDIO CASSETTE TAPE WHICH WAS USED TO
TAPE THE MINUTES OF THE MEETING WAS INADVERTENTLY DESTROYED
THERE ARE NOT ANY MINUTES AVAILABLE FOR US. I'M SORRY.
i
i
(
�
�
i
i
i
�
— �
� ATTACHMENT I �
e
Date: February 26, 1992
To: HONORABLE CHAIRMAN AND MEMBERS OF THE LLDC BOARD
By: Shane F. Moshiri,
Economic Development Division
Subject: MOON TRUCKING: REVIEW OF REQUEST FOR FINANCIAL
ASSISTANCE
Purpose:
Mr. Daniel Moon, the sole proprietor of Moon's Trucking, has
submitted a request for financial assistance in the amount of
$20,000.00.
Background Information:
On November 16, 1991, a detailed analysis of the financial
statements submitted by the business concern was made and
presented to the LLDC Board for review. Due ambiguity over
certain items a final decision on the grant of assistance was
postponed pending additional information to be provided by the
applicant.
Mr. Moon has subsequently provided certain information to staff.
what follows below is a brief analysis of information submitted.
The business venture is a trucking company which is engaged in
subcontracting of fright services. The venture has been in
operation in the City of Lynwood since 1985. Currently, the
•business is in possession of two trucks and it provides
transporting services for fragile merchandise on emergency basis.
Staff is informed, via a telephone conversation on November 19,
1991, that Mr. Moon is seeking $20,000.00 for the €ollowing
reasons:
1. To purchase a liability cargo insurance in the amount of
$1,000,000.00 at the annual cost of $5,000.00 per truck;
2. To obtain a"Public Utility Permit" at the cost of $500.00;
3. To have differed maintenance ("complete rack") performed, at
the cost of $1,500 to $2,000 per truck, on total of two
trucks currently in operation; and
4. To obtain operating capital.
Staff is informed that due to lack of financial capital, Mr. Moon
has not been able to purchase liability cargo insurance nor
purchase the required Public Utility Permit. For this reason, in
order to expand and continue the business, Mr. Moon maintains
that it is necessary to purchase the items in question.
Additionally, Mr. Moon states that the deferred maintenance must
be completed in order to ensure continued reliability of the
trucks.
According to Mr. Moon, the operating capital is also required in
order to meet the operating expenses in the course of payment of
the accounts receivable.
� �
The Balance Sheet of Moon Trucking reveals, under Current
Liabilities, that the proprietor makes mortgage payments on three
properties thereby diminishing the company's debt-paying
abilities. It is likely that the owner can use the properties as
collateral to apply for a loan form commercial bank. Or, as a
second option, the Board may wish to consider financial
assistance only if the loan is secured through real estate and
at higher rate of interest yet below market rate in the range of
7.00 to 8.00 percentage points.
Based upon the analysis of the applicants financial statements
and consideration of benefits to community in terms of generation i
of sales tax or creation of new employment in the community, the �
applicant does not demonstrate need for a LLDC loan. The i
applicant should be able to secure a loan from commercial bank
using real estate as collateral. i
Recommendation:
i
Staff respectfully requests that the Board, upon review of the
above facts, considers the following options; i
i
1. To deny the request for Business Assistance Loan; or, '
2. Consider dispensing a loan at a below market interest rate of
nine (9) percent payable in four years secured by real
estate. �
�
i
'
i
,;
�
�
I
�
i
�
,m,.._.__ _ _ �
-p I
fi � •
��;
:
., . `"'b . ' .
a.
F'; � (�
� {, +
S`;
�:
I'ebruary 10, 1992 ',
To: Shane Moshiri I
From: Daniel Moon
Re: Loan - Information Requested �
Properties Balance ��MOnt�h�l�y'Payments ',
239 E, llth Street $51,427.00 5550.00 �"� ��'� �
San Sernanrdino, Ca
2679 Genieve Street :t'
San Bernardino, Ca 69,631.00 738.00 �
4259 Niland Street
Lynwood, Ca 114,000.00 989.00
Credit Cards
Wells Fargo 2,865.00 86.00
Discover 1,890.00 52.00
Wells Fargo (Personal Loan) 2,890.00 111.21
GMAC (Truck) 32,000.00 gg9,gp �
American Express 5,400.00 218.00
Nations Bank (Chevy Chase 4,000.00 108.00 f,�
formerly)
��� �_f_ _._� n l
I do not want the loan to be secured by real estate.
Sincerely, �
i
����
Daniel Moon �
!
I
I
I
p �
k • � •
;
.
c
�..
SECURITY PACIFIC NATIONAL BANK '
COMMUNITY DEVELOPMENT CENTER ;
8141 2ntl Street, Suite 330, Downey, Califomia �� �
Mailing Atldress: P.O. Boz 4430, Downey, Califomia 90241 �
(213) 923-5551 � ,�� v��� ��
FF B 1_ 01992
February 6, 1992 ���'r (�;= LY.�1�!dUQfl I
C".�:,��:1. !'��V. �,��T.
� ,�� � i
Shane Moshiri
Economic Dev. Specialist
Lynwood Local Develop. Co.
11330 Bullis Road
Lynwood, CA 90262 �
Dear Mr. Moshiri
Listed below are applicant(s) and charges.for February
Annual Fees on your Dealer #2649.
i
NAME L� CHARGE
Johnson, G. 660-115-554 $201.27 �
Your attention is appreciated.
Si erely,
,�/�Z.Z�� ,
Sue Montes '
Vice President
dr
I�
i i%
; S •
�;� � � � �
_.� I
i �
�� PROFE5:=�10YJ'riL F:ILr�ll-lES'= ':=Cf-"..!If_E'.' I
'�'gl f•d. :;L�h1EA ST, �te ':
[:Uf1F''TOhJ. CALIFOF'fJ?r� '�r�;::;?�-' '
C:'l:_. __, --, . =C� or --, -. . .-:
-- -- _— I
�
p[:TpBEF.. �.':� , � , �; 1
h1R. DA�JIEL rinr��.� �
MooN TRiti:�:If�Jr, �:nr�r�Hr�r �
' 42`=' NILr;FdD =;TF'EET '
L`r'PJWGUU , CHL 1 Fi iF't�l IA ?F1���
UEAF, riR. Piqnr�� ;
�
THE HrrriF-1FH�lr'IhlG CHL�t�1rE =HEET uF �1�nR, . TF:U� f.I�1G - ��1�r,Pdr' �P1[� THE
FELi=iTEC 3THTEP'1EF!T ��F II•Ji_��P9E �. E:. �'•JSE f i.�=' T�� t=� F,,iiG THE�! E.'dC�'L, b:IEF'c
rr q�1F'ILEC� B`r P9E ?FJ rar:�_r�FCHP1rE I•IiTH GEP1FFr�t.L`r E_TAELI=�HEC? ._Tt-�pdUriF.Dc�.
A COF9F'I�F;TIiiPJ I=; L.IP1'.TEC� F'F..I�ICIFF,LL�" Tii I;1L�IilF.?c:_ 0� C��iGAr �EF;=u:1P!EI. �
AND TO CEF'TNIfJ AfJ�L`(TIChL F'F.O�EC�IiF,'E'= AFFLIEC Tii FIFIAFlCIAL C?r;Tr. IT I_;
SIJE'�THPJTIHL' r 1_E.^_' IP1 � i OF'E TF'ti(; r-dJ E:::�:! JP•� '�I i=iL�_��F:'.D���� [_ SJtT;{ �
r r,i;i_EPTEC� >�II[ jT?P.JG T+pl:ir�F.C_ ,; iE_ .:[JEL'.T:!.:!E i�F L,IHI GH I'=: THE �
E:Y:FF,'E��.Ii_i'J nF ��! iiPIfdIpIJ F.Fi�r;F,C�I��Ir; THE FtDJc,�Ii.T.til_ THrcP9Er�T= -F,� �,� r�=, ;=: ;
i,JHULE. HrrpFC�Ih:��Li', I C�n PlnT E:'<,°F.E.=;._ =;iiGH rr; i!�]p.�iiif•J.
F.ESPECTFiI�_L'r 31�8�°1ITTFD,
������� ;
ECiI.�IAF.'D i=:. HEEcF:T , Hi:[:i:i ItJTr;FJT �
i
Ei'H: =.a I
�
�
I
;
;
z�`� �
y /
{i 1
� ' . t� .��� . . .
,
. ' , :i:� ., .
. ..�\\\ /� ' .. \
. .. \` . �:: ::.
. :. � ..... . ::. ' .
. ��...f�"-�.._... � � .
� �
liCn7Pd'" TEUrI::lFlr i_r1rtFH�d`r '
[�AL�FdrE �=HEET , ; -'� �
.-.���.��i.,�.,��F. -;;�� t'>?I �`� �` .
( ( , � t'
� \ 11� `' '1 I
- F;.'_;3ETS � ��` \ I
C!IF'F'E"JT' �;:_:=:FT=:
i;ENEG�AL � �!�ILii � FJi, -„ - ✓ �
5: . :_ , : . ,_,.� /
r;CLOIJhJT= F.'ECEI'.!HE:LE:_; - i
,i:�ii�.it:; ✓
TpTr�L �_� �� RE�d? r,=::=;�? �_: --------- -- ---
- � � 1 :_ = 1
_ . o ��
i
FI':�EC! A"SFT': ,
i
i
193' r TF�ir:F: I�,.Sr�C,.�ii� �
GPtr [.�EPF.ErIATI��I� , � ,�, ;
�..: . ;. , _ i ±
ISU�ii TF�I_ii_h: __'�°'=5.��r+ 1
ISU2U UEPP.Er:IATIr�d �.,�;,_.�, �(`/ � ;
F..EhJTAL FF.nFEF.�T'•r'-� 1 TH ST . -� cn;, r; , ri fi I� 0 y �-��+^� -/;� �;,1� � '�
11TH ST.- DFf'��ECIHTIiipJ r:?,i_i�,_.,:i�i; I
RENTAL F'F..OF'EF'T'i � !
15ci,�Jin�Et �2)c�,�r�� i
�EIJE�.!I El!E- DEF��Er_.I �T; p�J =, 542. i� r, >
E_;r:Fr�i,1 CnST_; _5°�.i��, �
E_ r:rc_;T_;-AP1rRTI�ATI0f4 �,=;4.iiri;
��:rRnlJ CO_;T_; l,lr,q.r��, �
ESCF.'ul,.l rO�,T�,-Af1nRTI�ATIOPJ (1 ;1 .ric�: I
------------- �
1 FI::::::EC; ry�=_'�T:=; -;, n:1�.�,.��, - �
TOT�^,L r'=;SFTc
-..',,__... __ �
_________=__ �
L `AErI_rri�'=; AhID EGItJtT'7 �
:_I_IG'REfJI" I_1r,LILf'fIFS
ACfRIIECi E`c:F�Ep.;_;Ec -�
_19.��
LCiPJG TEF'f1 LIHBILITIES
$„ u�j 3
T�i ir:K LnAP: r��','r';r.;_� -„; „� ,,,; � 1 '
r E'-1T''-1'. �'T�_E Fr;':C;L�=—; °� ';�i. �it .
FEIJT'r'yL r��r�iG Fi-ir'riELE—�� --- -- — — � �r•,� �� 1 .� �
. t,r 11 . 11 Ct � � ' � : �
TnTAL Li_�FdG TEF..hd LIi=iB?LITIE:S _� � � ` ��
]-l" -, c�t r
_------------ J t�l � � 2 �
TOTP,'_ LIHEILITIE`' 1�i±,5=;�.4;' � '
�
E i-! I I I T`(
C:AF'ITAL, D. �-IiiOhl 1 _,_, , ; _
GP.O'=3 F..EI'lTAL IfJCiip9E 11,6�+i?.��it
LESS F,'EPJTi�L E.::;;F•�;Jc:E'=�
�::14,=:31.4i:�
RETAINE6 Er;F'PJIfdGg-F'F'Ir�R - ,.i, ,.:;�-.
RETr�IPJED EHF?JII•1G= - C:UF'F'EP•:T `rEHF,' 1";'_;_i, _;;.; �
T�JTHL Ei-�I�IT`r' � 1:;',1�:_: `�----------- i
��:. -
TOTr;L LIAEILITIE=, APJG EQUIT`r' _.;-, :« _
_ ,_._.__ �
.� � �
hlni:t��1`:=: TF,'I.li_k:IhJi� i_i..R11>r.�.�.._, i
1' I:" i�lf' i_:Tr-
cEPIE;I,'.E[(�' :::ii. Ii^i I
--- t°1i711 Ti i Dr;TE -- '
---- `r E�F.' Ti i DATF --- �
�GTi �AL F'ERC:EpJT r;CTIJHL PE RCEFdT
i
?hJCOt1E
r,F.•rig�; FECrIPr--TF.!Jr�.rr•�r, .in� - �
._. q � , _=;._irt Iiiit.Ri�
i
------...--
------
------
�iRO^�_; F'F,OFi T iiii ..r,.
.. . i��• 4�:: , S: �. ii��j� ��1it . iiii �,
ExFEr•�sEs
�
_,� is;��� ��. !
INSiJRAP1i_E .:;:; �;..._:; . ,_+.:=,_=i �. I
.i3Ct xss,
FI IEL �: nI L ` -, 9S1 .^0 .:� 1
� . l_t l_i + ) > a � �
�_�r,�i_ .�� i,ri_riiilJTINi_ ' ° '=-'_'�, 1:•"�
. iu �' 4°� , ii�� 1. ii.= i
PEFAIF.S ". �1AIPJTEhIAPdCE . p�� �, ' � -
TF.IIi_K F'ARKIt�lU • ,�li.=o _._..
TOOL� .i�i� ii:,:� ; �14�=t.�911 �-•-_
.itii �a: � 31�.45 - I
nFFIrE E-iF'ENSE�, .ii�a .;:,._ _ .. �_
T�',";E::, ... LIi_:EPJ=;ES . °'_=,,._;_ ,_,i�
.�:iit -�,�. 1 �^6^.Gu_� � -- �
TELEF'Hfj��lE �� IITILITIE=; ,t+i� �>r,. =�_;1.�4 +.�'�
h1I5;r:ELLANEr�Li_; _• .4:;
.tt[� +.;>,:a 514.bi� l.2!
If1TEF.'E=:T E?<F'ENSE
. IJ ki .; :. �. :: � � � �, . v .-, c � . �, i
... ::�O�.i,_,.i ;�.,_,-
___________"—__ . ,. r.-,c i
__'_'__ _
' . ��.. —_ '_"___
__—__—
! tiL E;<;PErdsE'=� .rai, t:.,�. — -
----- i
PJET F'RnFIT iL.l�3'=:; .�_��� .-, -- I
�.;:: �:. 1 -. . ; -
_ . , -
.. � -�.;.�. _:_; ��it, :-�
-__=_______=_`_ _ " .: . .. �
______ ____°_________ ______ �
��
' ��, ,� i
� . i
,
�
. '
j
;
�
i
(
. 6
� •
''
. . . ,. ; �,, � . .
�..
�
f. . . ,
'
" ' :' . "�Y. ... � ':
�
1
. I
� �
I
F'F.OFE_ ��U:31hlEE:.^ _:FI;�.'Ir_E=. I
_;:_�?1 PJ. ryLaPlEr=� 'ST� c:±� i; �
i
r:ritlFTnPJ, r_HLIFriF:fJIH =i,";�
(21.?i -_'-;'?•:it _�r ', -- - �
- �
I
I
r
i
rr_TOBER �`,��, 1991 �
i
-1 '. DAPJI EL r-�or_�pd I
h100tJ'S TF'I.li_f:;IPJG COP1F'F;hJY
4c5,^- fJI Liii 7�� _�TF,'EcT �
L1'Pl�Jr�np , i_:�=,L I FOF.'P•lI r� 9ii Z,',S� I
I
i
DEAR I•IF�. �tnrqd, I
I
THE r=+CC�ih1FHt1� If•1G EHL�;tI :� rcHEET CiF f1!int•J TR;J "'�!r, ;�t1F�':;PJ`i ;��•1D i uc
RELr�TEU �THTEIIEPIT iiF I�Ji iiF1E 9.. E.PEPJ'E� Fi F THE F'EFIiiU THE�! EfJCEC, i:.!�RE �
�_r�hiPILEC 6r' P9E I;1 'r;i�COF.'C?AfJi:E 1.�1TH GEPJEF.'r;LL'i' E3Tr�6LI'cHEU 3T�hJptiRD_:.
I
I
F+ C���1F'ILr�TIiiPJ I=; LIP41TFf� �'RIPli IP�HLL'r Ti, r; 'i� i.�]t9F':;hd`r' FFF_ i
r=ifJC? TU G�Ff�-„tl r;I1riL'iTICHL FRrr.EpIIF,'E_� riF'PLIEC:� Tii FI�;Ht;i_;HL D;�TA. IT ;'-: I
SUE'�Tr-��JTIr=�LLl' LE?=. Itl •=i OFE THv=;FJ .,f! E<,j�1I'1r;TI0PJ ?P1 r-;i CiiF,'Ci,-;PdL:E I:JIT;; i
GEPJEFtiL.L`r �,C�:EPTED :;IIC�[rIFJG �Tr'd�lDtyF,C�_, THE L�E:_:E[:Ti!?E i_r ! r'= THE !
E:;F'P,E'==I�QJ iiF F;IJ r�Frr�tnri EEGr;FGIfIi: THE FIIJHldCIr;L _ THFE;I H�;.,� �
�.JHrLE. �r_�pF.UItdGI.`r, [ Ui_i fJi�T E•.F'kE:'='=; =:Ui H�F� GF'IPJtiir.:. '
i
P =.IIG:P1I �TED, �
��� f
EU�.��AF.D r, HEEEF..T, Ar:rri�ip:ITAFJT
i
Ei;H: _.� ;
I
' I
i
i
I
I
i
�
�• !
;�
;�
�
ti �
. " I
(��� �� ��'� �� .�? �I f' �..��. ��. � ����� �.. � �����f t�Y�'.I � ''
r,�i,-�rirr iir� i
DEf'FF18EF: ::21 , I':-`>i_i !
_ �'_ =: r'T _: -
CI iF;�F EP r� =:.gE`f'_ �
rEtJFRAL r:HErk;INr,
� ��}?.�1 �
r;rCpUt•1T, F.Er_.EII;ABLE=: j r
--- ---------- !
TpTFiL CURF,EPJT r�S:=;ET�? �. S',,4?.�I �
FI`<ED A�;� . i
�'= GP1r TRiirF; Q �
�iii, �
i;PiC , .�=iit
GEF'F,EC:IAT;GI1 � -� � «
I�ii�ii TF��ir:F: ,',_, _.u:,, � ('„n-��� �
�� � 6� �
ISi��iJ ='�,5_._..r�r � �
UEPF'E[:I �T: i ipJ /i,r,.l w �
�' 4 , � : _, �, , F� �J � �' Q ti J ,, ` .` �
F.'EhJTHL �'RrFERT'r'- STH ST.
� � ]���.11C111.191'1 1 ��C ,
liTH T.- DEF'FECIATIC�Pd - �� I
RE�•1TF,L FF�nFEF.:T'r'-GEPIE�.:�TE!.,�= � '
—�— °'�'-�'' =''��_ � � �'. � �
GEPJE!JIF',!E- C:�EPF,'Ei=I�,TIUfd � � -,•_,�_;,����;
ESr:P.ii6J C��ST=; ��
,�.:� 5 .
F�_ :.F'pl,.i i,n=:? =;-�=,t�10RTI �ATI GhJ �: :;4. ��ii i
ESCR04,1 r:ri^T=; i, 1��4 , e+�i
ESrRnI.J C�c3T=:-Ah9rFTI�A1'IGt•J r1_.l.Eu�i �
------------
TCiTHL FI;<EG HSSET=; _�il,a:;�.�ir
Tr�TAL r''=;�;ET_ �
=��i , 1 :_'� , 21
______________ �
LIABILITIL=;. r-iIID EG!I11T`i �
�I_IRREP�lT L[�E�ILITIE= I
qr_r_F,UEU E;:PEF�ISES 1 . -��� s4 �
LONG TEF'P1 LIHEI�ITIE�: � I
��ii� i
TF.'IILh Lnr,Pd F'rt`r'ABLE :;b� � (S��I � �
RENTHL N1TGE.F'Fi`i'ELE-1 � ��'� \
F'EfJTa� MTf;E. FA''r'riBL �d�� �6�� �i�,C�ciG� Rl1 �� �Sc,I� �
� ` �"^''�� `�4`�° -----�� . u c �--- -'—• E'" s F3 3 � ,
_
TOTHL LUN�� TtF.';-1 LIr�BILITIE^ i,=,�� q_ i
TOTAL LIr;6ILITIES t51 6�'.'1 �
E�!ii;T•;
[:F;F'ITFiL, D. finiip,� i4._.,,9q.41
GF.Q�S REPJTAL IPJrr��1E 1_=,,'�;+1 r;ri �
LESS REPJT�L E FEP1=E5 � ��_;.����;
RETAINED EAF.?JItdi,'_ - f IIF,F'El1T tEAR� ��.} �,q;
,- ' _� .
� -------
T�TAL EniiIT'r` 1.,=.� ,SEi1 .='�+ �
TOTAL LIAE�IL:TIE_: At•JD Er�iiIT'r ���� 1_ �1 '
______________ j
i
�� ,
F �:'. � •
e
�
_ . ,;�, _
�. :a
� �fi
.
_ ;:
�
fi
� I���C�:I '� l��Rl,li_'I'i�lg C.iIIIF'r'�I11
11Ii;f�I�L _:f�,fF.IlLlll
GEC;Ef1E,EF' ^1, 1^'?'ii
--- _ FIOhJTH TO Cv=��E ..___. _._-- `r'EAR TCi DHiF -----
FiI:TIJAL F�f�'C.Ft.11' r;CTLI;;L F'ERC:EN'f
I PJ C ri�-1 E
r,Rn�;S P.ECEIF'T-TF'1_li�f;Tp,�i; .�� �,+,+,
,4,SSC„_,_ 1Li0.l+Ei
---- ---------
--- - - - _ _--- --
IiRGSS F'ROFIT ,G�C9 x«a ��.-- ---- �
..... ?q,_ ��._ � l�li�.-- '
E.:<::FEI•1=E� � .t
SLiBHAUL �,o � i
.�jEt :s>,:�: 2C 1"� i
INSUP.ANCE - ?.i�_= _ ,
EQUIFP1Et•1T LEf1SE .inl �«�..... 5�,5,:�.iii� ._.p, -
. i n=i 21 I .
FUEL & nIL " � ��''• ,
.�=t�i � «� 1=.� 1, . �
LEGAL f, H�_rr�litJTIIJr, ,�ir, �..±,�. 1,�Nt�.Ok�
REPAIR�=; ° �°1AIPJTEPJr=;hJC:E —�-��
.�iit I .`''1 .41 - -
TRiiCK PAF,h'IP•Jr, ,��r, ,;: �. "!' �
TGOL_ . 1,��[iC�.t=iii �,i��
' .RCq . I
UFFICE E:'PEPJSE�� ��, 45E�.:?1 •-,
, it Gi + 1 _ ' � �
Tr,XES .?� LIrE�•a�E:=, _ -.>' a �
.i�� ...._ ... 1,�,���;.i,i� -
TELEFHrq•lE _�< i�T1LITIE= ,���� _ -•�� �
MISCELLi=ifdEGUS ~'�' '``•"'� •=-
.�ic� �.>,:r i
IPJTEREST E:>::PENSE ''� ."= , _-
. �, n ,>: :., -, „- � �
�- ,
_ �. _ , .
._ �,_� - ; - �
---- � _� . � _
---------- _.._,
---- -- --------- ------
T{iTF1L Ei'F'EPJ^ES .9Ct '-_--
- ..... � .����ti=:f�.' ' ,., .
, �., �., _ o c
. _-'_'__ ______'_______
__'-__
l�1FT F'RtJFiT !LO�:=:7
, r� r� . . � .. , ., _, ,� -,-. .
-- . ��, ;- -
------------- - . - �: �, , � �
_,._---
---� �1���� � ____ ______
i
!
i
�
i
;
;;
. . . . :. :....... r.
� • .
. . . , . . '. �.
. . � �� � � � .. �
�
' �: . � � . .. .
L �
;k,
�� � c
�� �
B�nklnq 011lce ____� EBCURITY PACIFIC BANK
Date PER90NAL LOAN APPI.ICATION
HOW iD COMPLETE INIS APPLICATION (P/ease cheek one ol the boies be/ow)
1 AM �PPLYIMO FOR CRf DI7: (fl�qnENU ol your mvll�l �t�lut. you mN �pply br cMll In pw n�nN �brN.)
OlnmYn�m�tlonc C�w1�IbIM�n11i:1���t��1�pplN�lopu�nd�IqnonlMrtwrwslEe.11marrME�nEnlylnqoneommum�Y0roqr1Yl�uc���yourul�ryoriMlofyour
�{ � p pouu'� uC110e1'
p Jolnt�y wll� mY a0ouu: . Bol� you �nE pur �pouu com0lab tM appllullon �nE �19n on tM rtwna �IE<.
OJOlmlywlm�no�narparmn: ComONb�l11MIn1orm�1lanln�t�OVnatoyou�nE�Iqnonm�revaw�IM.MmIMelMrpttwncampl�bnMalpn��e0�nu�001iu11on.11yoummurieC
.na niH�9 � eemmunur vAwNr ��ueh u your ulary ar I�N ol younpou�e6 �Iw eomplN� tM �pouw's wctien'
' MOTE: M y0u �n manME Gul rtlylnq wl�ly M w0�n11 pmpeNY (O�a �um�nl�Hm o11M wp�pN pOper�Yl. e� 11 pu �n manNE put wP�nlrE. ao nol como�elr 1M yau�i � qcibn.
LOqN REDUEST
P��oase �mountrapua�iaa corno.io�q PeymeniE�iaroavaalaa
S MpnIM
, �'kNOT � AI 'iA"a�°e**��4�YI�'��...,�i�R�'fi�'??21;P�f'kv�...B#��4°�:'3�,'Eo"k'�S'ik�'Y�d'�Y�gYw..*���J6�'.�s���E��t'�'r"��'��'R'�*��X�.
� T APP ����•
n�ma0 �en, w�0 rolsrroE ma lo t�a Denk t0 �rnnqs Iln�ncinp. i
PERSONAL INfORMATlGN" SPoUSE'S INfORMATION • • '
U�tn�m�IJr./Sr.) Flrtln�ml Inllbl Laftn�m�IJr.I5r.) Finln�me Initi�l I
Moon
Curnnl�In�I�COrou CIIY Sl�b 21pcaM CumM�tn�t�OCnu Clly Sbt� 2ipco • I
� I
if 902 2 4259 Niland Street L nwood Ca 9026 �
HoMlongtl�EErtu NOTlpM1Onl110. WOIMp110M�q. MMIO,IQ���QQR/t Mom�ppon�no. WorMO�on�no.
Yra Maa. 1 1 1 _ Yn. Mea 1 I 1 1 I
Pnrloui�tnel�EEroa Clty SbU 21p<oEe �rn�ou�.�nei.eaross Ciy Sbe - ipw• I
6 ,
Xavlanq S cbl5ecur1lY�um�er Orlwr'�IlcenwnumDer Ip� Hwlonq ' p�� 5¢uritynumMr � Drver�ec<nw umper Aqe 2
n. Mo�. n. Mas. I
Nult�l{bNCOUnmv�I�E No.olEeqnO�mf EEUn11on:0UnEerl2yn. t]45Y� Nao1Wp�'Went� uu�on: n en2yn. �J�t yq.
m1aaO5�panteC (�acluW�ell) ❑1]Yra ❑16�yn. U�c1uMMl11 1
Carnnl em0loyei t n�me Vesitlon ❑ t�Yr�. ❑ f6. yn. �
Cumnt�mploy�rin�m� Poeitlan f
�
Slron�aem• tY SI�b Zlpeea� SI uaCna GIY ae 2i coae �
0
—w.es..t_ 4 5
ow ong MontMyqro����l�ry MontMybb.�em�ubry Mw ony �� on M�qmps �ry ' on I u4<.nomu�iary z �
Vn. Mm. 5 5 Yn. Mot S 5 �
Pmviovaamployei�name Poaltlon Pmaw�mplopi�n�me Poaition �
ibutors Owner O erator� �
Mowlenp MonlMypmpul�ry Mont�lyUb.�omeul�ry Hawlo'p MenIMYVA����bry Yonlnlyt�b.nom<a�i�ry I
Yrw Mos. S O S � r 0 Q Q O Yra Mot 3 5 �
��N�IE�O�NfIOCOT� YOIIIIIIy�TOYO�••• �NIIW0�11��IMOT� '
. MOnIPIy �mOUnl
S 5 i
•' �II�GII COO� 01 p!/IO�I �Ilp. II NI�yT010pd O� COTT�OIOMd� HUC�1 ��11NGI�� \UUT1O1 �114 COpM� OI IMI IAO N�H' V� NIYT�. �
•••Yeu Ue nol �M le Ibt Ineom� Imm �Ilmo�ry. eNIE �uPVeM� er wp�nb m�InNn�ne�. unbu yeu wr�t u� le con4Mi M M IM Ourpow el �pphlnp ler IM� b�n.
Albeh wpmU Il�llnq II mce�ury. I
�
CREDITEXPfRIENCE '
Nme:u.�.naei..ro��..�avew.pe�.:.,i�<mm�onimo�y.enua.� pon.w0�nbm�INm�nn.alMrppm�me�11y11ona MomMrpWm�n�
i�am.awim.�..un.wl'I.�ra.a.�ewnw�aimmm•o�aene.on�i•ie.n. p��wa.un.. i
un•eaumn.iew�•an.wp.munai. ow.em en.�e•ow.a io......o�.a�•.i
RESIOENCf OMn MnMUV�IV�! � ,
CREDIT on.m oan.� 183 00 � Home Savin 114 000. 00 1200.00 i
� Credit Card We11s Faryo 3,�064,52 � 90,00
OTNEN
oee.s Discover 2;061.92 � 57,00 i
i
Personal Loan � Wells Far o � 3 000.00 I 111,21 �
Truck Loan GMAC � � 33,272.00 j 879.80 I
Credit Card American Expre�ss 5 000.00 I 215.00 „�
—'--- ----'_.... ... - -'-
. Credit Card Chev Chase 4,375.89 + 130.00
� � raN.n�mryc�vm.�n j
�rW�.�.no�«� S 2 4 8 3. O 1 '
ACCOUHTS I
CbcMlnq�ceountnumWr Irotllutlon/BanYnvm Swlnq�aeeountnumMr InstMNbn/Bankn�m� �
i
AUTUMATIC RFPAPMENl �
i
sppirt.nt a �I
O�ulem�llt�Ilrinn�folunEUroinm�SVNBeMeklnp�ecouMna brmfmonl�lypryrrHnl�mCU�EM�wbnq��IMrt�n �nWm
. �MpuH�1�nE�MWpo�ItorlMql�m11�01�enMlnm)�e.mumun111t�1�Iwn1�p�IEerIMOwM�vM�w111qneatle�loempl.lunJw�4�MIMD�nM
nwm� IM rlqlil lo brminN IM �ulomtlk nprym�nt plin aNMUI MIIe1. C�np11�t10� el l�l� pW� b 4q A�wn m�y �f1�e11M InYn�l � en my b�n.
I wIllwmylwnEaCUm�n1�IttMWI�. . .. � . I
I
: . . . ....... _. . _ ..................................�-....._ r
i
1.rf�CV11 Vfl. 1 va�.. �
a Be0ki09 OfflCB N0. �•��� S�.CURITY PACIFIC BANK �
oate � '�`'�` CREDIT APPLIC�ON
��..�,.:..
i?^-
, HOW TO COMPLETE THIS APPLICATION (Pleess check are ol the boxee befaw� -, ..
I �M �PPLnNO FOR CHEOIL �AperEbu ol your mrtlt�l �t�tw, you m�y �ppiy br cre0n in your neme eione.� -. •
❑ In my n�ma elOna: Lompbt� tll Inkrmatl0n 1��� �OGllee lo you �nE liqn I�e epO��Gtron. II marri� nnE r�lylrq om m�myNly proparry (wt� u yom aU�ry or �nat o� your fpouea�.
' � eleo COmpbb Ine epowe'a �scllonl ""^��
ILTJO�nn wnn m . y � .. .
Y Y Co�ee; Bat� you �n0 Your �pq��� com0l�w ena �Ipn m� a0oliut�on.
❑ Jointly wlt� �nolner penom ComDIeU all tMe Inbrmatlon t�el eppllef lo you enC fiqn I�e ep011canon. Heve ine o1Mr penon com0�ele �nC vgn a fe0erele eppllcallon. II you ere merrieC anp
. relrinp on communlly O�oplrry I��� ea yom falery or iMt ol Your spouae�, aleo com0�ero ine apowe a�MUn.'
'NOTE: 11 you ua murieC Out rotyuq �olaly on ��O�nH proWrry, you mu�i proNtl� Oocvmenunon ol I�a eeo����e prooeM, a� �� you na merneC out aeom�eE, Eo nol campNn tM �pour'� fecuon.
aeouesr
Purpoae:
Business Loan .
n eny ol ma o�o<eem �n ueaa io imv�ove, Ourcnu� arrollnence ronaennel roel nb�a, now mucn ol ina Amoum repuaaiea vo� �ow ionq Peymeni aels rpusaraa
o�«�w� wm o� uwa ior mn ourco�so f N O^° 5 Monm�
CREOIT INSUHANCE (Oplqntl� l�pu�l� �ppllullon nQUIiM. C��CM an� baa only �nOlnitlU,
�OWDiiily �nE invoNnnry un�mObymeni imunnn cpwnp� �n �v�il�Db br ��� Orlm�ry �orrower aniy,� ❑ i ao �o� w.m c.wu �o>un�n
ALL CONSUMERlOANS:
❑ Smple Ide ❑ Slnple Ide 8 Obemllly ❑ 91np1� Ins 8 mvolunury onsmpioymem ❑ SinQle Ills, JueOniry Q involumay unem0�aymem
❑ Jainl III�.� . ❑ Jainl lib � U p tlI.�pll n I Itl� { V �li br n�m I mn n Eiu Un b imnlunlv
. � ■ �� �� � �°� � � � � 0 Y un�m0lnYT�nl
AGL OE91ON4NF9' ' � .....�. .
r ��
❑ Bnqb Ilb (Onty Av�O�Ob PrOtlucp
I¢k0aw11Cq! IMt II I waril Cre40 imann<<. � f10����s CreEll Ineurencs epplk�tlon rrw�l Ee complete0 pY me.
�Applc�nlb Inlll�b)
I wu rebrnE to �hs B�nk lo unnQe linmclnQ Oy t�s �silr (mmeE nera) Neme ol sener
ol pooC� or_enNn� 1�m pwc�ulnp.
. P LEASE TELL US ABOUT YOURSELF^ PLEASE TELL US ABOUT YpUR SPOUSE^
Flnl n�m� iu�. Un name Fint n�ma ML tiet nam� �
� Marva J. Moon
IrlM�ta Beel�l MCUrIry No. BIr1lMats Soe41 9�cuMf Ne.
420-60-1770 ' 9-18-51 420-74-9748
' M�ntei atema: No. 01 EapanEenn Meritel s�eWe: No. ol OepenGenlf
, ❑ MurleE ❑ SepenroE ❑ UnmertlM 2 (eetlu0e felQ ❑ M�rt1eE ❑$ppetaE ❑ Unrtqma0 1 (e¢IWe selp
. Canmi nrsel �eerou Clry (Plsm� spe�l out� SI�U Zip pppe Curront eveat aaanea Clly (Pb��� )qll oN) Sitl� 2ip cpC� �
' L wood Ca. 902 2 4259 Niland Street, Lynwood, Ca 9026 �
Maw iorg �t aaareaa Home pnone numDer now larg a� aaareae Nome pnone numee. i
Yp. MOl. ( � 1 2 Yrl. MOl. (z 1 3� 6 31- B 3 7 1 �
Prwlw� nro�t �Eereu Ciry �Piee�e �peil oup $�l�� ZIO � Mow lorq u eoares� Previou! flreet �COraaf Ciry �Fieua e II ON) 51�� 2ip pp MOw bnq �t �GOre]� �
a. 90 6 12 Moa 4307 Luyo Ave, �ynwooc�, C�e �
1 2 vra. Mos.
Currenl ampioyar WOA plwn� Currmt emDbym � WorM pnone
' ' ( 13�776753 L nwood Unified School (213) 603-1 I
Mow IanO Polition � Mon[bly qr0sa sBlery MOw lonq Poallpn Monibly groaa salary
»a. Mos. E 4 000.00 13 r'�� M��� SeCretaty E 1953.00 �
P�evlou! amployer Mow lorq Paelibn Previoue employer Mpw��lorq Pmition
. vn. Mo.. er O erator None
Vn. Mw.
Oeeenee omar ineome^' Mont�ly emoum DefetlOe ol�er ineome"'
MOnt�ly dmOUn� �
a SSI 6 Inhome Services S 1200.00 �
_ i
Neereat rei�tbe nm iiving wn� you Phme No. t�eereat rei�tive not nviig wim you pppy qo. �
I
' -603-0220 Janice Thomas 213503-Q220i
•• Atlacn copy al pryrdl flip. II fNllmpbpE a cdnmilfp�NE. attaG� cppw� ol I�s1 Iw0 Yeer!' tu retuma. i
••• Ya Oo rrol nw� lo Ilft income Irom ellmpry. MM auqMrt. a NWr�t� mYnl<n�np. yMea� yau w�nt ua b confMer 11 ta IM purpwe ol�ppyMq Id I�N bxi �nE ya fan pov�0! rar�Mnibn al tnia ncome. I
PLEASE TELL US ABOUT YOUR CRED/T EXPER/ENCE �
M0Tl: Liat ell OaCb, youre en0 yw� fpoufe'f, inGUEi�p elimony, MiW support, fepvate memteneixe, aRier payment aElqationf. M p � ym ��� ',
InEleeu wit� an serorifk �') any EeOtf ro pe repalC Irom t�a proeaaGS 01 tN� ben. (IneluW lu��, In�vnM�, �
Li6i BEdlpOnpl ElOt! On e f!D!�!�! ShlOI. �� T ��� �,� �� a I
RE910ENCE Own Muxal v�lu� f 1 0 3 n n n. n n �
o^� SMO,qentPeyrn�nt s�.�.�_ Home Saving 114,000 1200.00. �
CREDIT
CAROS �
�NO Credit Card wells Fargo 3,064.52 90.00 �.
OTHER I
DEBTS
C edit Card � Discover 2.061.92 57.00 I
Persoanl Loan Flells Faro 3,000.00 111.21 �
FOR SECURED AND UNSECUREO LINES/LOANS �
M�RKETAlLE 4ECURITIES/SAVIN09 ACCOUN!! � �
No. al SNm�/S�Hrq� A<tt Mo. O��ctlptlon M�IE In N�m� q M�M�t V�lw oumnay • o '�a� f
f �
S
• It Lry ol me a0ove !lCUrNea an currently 0�9� or la pC pllGglG b eecure Nif 4iv. Olea�a rnecx (!� Ine approvnale [dumn. II eEUinan�l soa[a n reQuveG to Oef<rpe canateral anacn a fepuate listing.
ACCOUNTS 6 AUTOMATIC REPAYMENT i
Cnxwing ac<oum numoer in��nuuonlBenk neme Sevinga attount numDer im6wtiauBenw n�ms i
0943236729 Wells Fargo Zg7H08845 Security Bank
i
i
�
i
I�] Amomeuceny �nn�ler WnCf trom my B�nk <�ecking accomt no, �or my montniy O�ymenia on Cue C�u fo long a mere an �00������1�1 �
�Gedu�ln lundp On 0�0a��� Or IMnp i1 �v�ibpb G��G�I in my GCWUnt unN IM1� IOen if peiE 0/ Ine DenM recdvef writlen neuce m cencel. 1 unGenlan0 Bant IniH�b
. �eeervee inn riqm io ierm�ne�e Inn ewomeuc rop�ymenl oien wnnom nal¢e. Ce�ceilebon ol inn pien io. e�y �nnson mey eilea ine mieren reie on my ioen,
i mu eee my ioan aocumems ior aeiens. .
i
ia1200 i�90 50 �
I
.+�r�...�
��RSONAL FINANCIAL STATEMENT AS OF �Gomoiauon o0��ai Ip �w, S�vinp�, ana S:ock acureC LineflLaan�� f
� �n�U Amwnl V�all �moun�
Gsn - Se<unry Pxit¢ BanM Lam �M CreCit Linee - Securiry Pecn�c Benk
� O�GCe�. f 3 � �i (EAC1u0a Perwn�l HeaiOanc�) 5
� Cas� - Oiner Finennal Insuluuo�s + Loans en0 CrMil Unat - OIMr FlnaMl�l InetlWtlon� ^
Glva Nama: f (EetWde Personal RBSiEena) f 8� 1 z( (
Notas an0 nccounta Recaivao�aRmst DeeES Ow�rO ' Motm GayaCla - OMera
5 f
t
Ma�ke�able Secun�il5 �AtliC� lif� il nBtB6fery) Parsonal ResiOmte '`,, l � � yti
t
S '\,:':.� V'li�"' Silb�00� ��L
G511 SURBlIGlI VeluB IiIG IO9O/lnC! O��o AeY EsYb � ��'
5 �GOmDlele Ol�er Real Eatale Sacuon Below�' S 1 z(� Q(� Q \
- PO�sOnal RuiOmCe LOdn - Caa� Svrte�qe� VeluO Lil� Insw�nta
= 5
�� Otner Real Ef�ah Taaaa PeyaOb
(Campls�a Oi�ar Reai Estau Sec4on Below�' S 1 L 6� Q U Q f
AulOa YBa� - Makl) u Z O `YBL( - MpkO) Ot�a� UaDiliWS �Describe�
Ig g � DODt � ,
G M C— B b d� 1 5 i Apet� 5l0�/ete IieGnq il nxeasary f
Ome� Asaeu �DescnDe� � q `
Anacn aep�ra�riietinq II nxessery �� l. f i�j � Q Q Q ' Tot�l LiaOilitiaa s 2 4 4 1 2
Y - � TOW NNt�• S 3 83 � 3 O..O � N�t wann (��wis mniu� uawnun� S 1 3� 1 7
/`
=. Ara any ol �M accounb IiataE on tltif atltement �e10 unOx � Trw� Aqrs�manl'7 ❑ Yu ❑ NO Y
�
' OTMER qEAI ESiA iE (CIACLE ONE: I� IMPROVED. U� UNIMPROVED)
� U Strset aEanu Clry SUb 0�U FwCMNC CWI TWaI MonNly To41 MonNly %ol OwnoWp
Prym�nt RMbllmm�r
: s 000 s 550.0 s 650,0 1006
, I U SVpI bOnn Clry Sbb D�b WrCInwO Co�l Tol�l MonNly Tobl MonNly %OI Ownx�lYp
� . . Pqm�nl Rmbllnopn� �
' o' �so o s soo. o ioo$
Pleass attecn a ecneaub �a anv a00itwnal reN esute. � ,
. De �ou cun�ntly luv� a b�n w1N 9�CUr1lr P�cftk GnY ��curW U� m�M1�YON ucwlW�T ❑ Y�s � IL W �
/v
�� FOR HOMEOWNER EOUITY, PROPERTY /MPAOVEMENT, EOUITY MAX/MIZER, OR LINE SECURED BY DEED OF 1RUST ONLY I
I
� Stroe� AGOrese Ciry Counry Suts 2ip wW ntla aarw� in me neme or. I
.
Typa (HOUSa. con0o, epartmenL hrm, a�a) il IitM i� in ot�m Nan applimh n�ma. OncriOe intereet in proparry �
' I
i
Name �na aEOresa ol lirsl morip�9� �a�d�� B�u�p oMrq an Ilrn rtqrtpaq' Mortpaq Iwn numEar • EnlmetaE valw '�
a s ;
� �� �ps ot propsrry �ot eize Bwrppm� eam� Gnv�l �r conUtioni Swimmi �
..- ' �q np pod Deu WrcMesC Purcnw pnca �
' � Y��� - O vee ❑ No ❑ vs� ❑ No $ '
_�� , lp�l dasttiption ol propeM (Rela to Otla policy - ANM e apa�aU MNI il nxaswry) 11 o0br OeCI an pOplrty. nam� W Wtrse� lo wMm InCeploE
�� � Lot Tncl gppk P�ye I
�Y ;
;F�j. Lo�n NumWr 0abnp ovnnp MonWY D4'^�t Acu�� artnq�nry (TO raEUq Kcsu p�lry�, 11 potUDN. Ibt mw� t�an on� pMn� no.) I
a s .
-�' FOR PHOPERTYIMPROVEMENTLOAN REQUESTS ONLY � I I I
�-. Oeunp�ion ot �acn im0����� 0�� EaWn�teE co�t� N�m� W�OEn�� ot conn�cror/Oe�br I
�' a �
�av e��+i' Y� � a o� an e ce o e o�un y ve opmen to , n a�, �
L �� exchange information regarding my Credit Applica =on for Prop rty Improvement Loan. ; H�; .
' ' I
S ' � �
, � i
TM �pWiuni�a� unEan��n0�a� iM11N vNCiqn af � U��I�r oi conlncbr a IM �cce0���u ol m�briab WM w wwk pplOrmW I� �M ro�pon�IWllly 01 Ilis �ppilw�y��.
u lin�n<inq wprovemenu coaunp mon tnn f20,000. nucn coOY ol v��n�, �pknlcanon�, EairNU <al on�kaown �na a�crpuon ol m�bNla I
I' INFOAMATION FOR MONITORINQ PURPOSES � � � i
. Fluv como�eis il applYmp fpr � Mopb HaM �n0 Lo! Laaa: MWM Mpm Lo�n: nwn Epwry SRUreO GrNN UaM Po Impov�. Purt'�W a flIIiMM fl��qwiG�l Rql Eabb: a Bwl LWn pl live��OwiGl. �
� T�s lonowmq miormeuon �e repuea�eC Oy iN IeOaoi qovemmeni ��n or0er io monno� tM lurni�� iL However, 11 you cMOSe not lo lumis� 16 uMe� FoE�nl repul¢Ilone Ihu IenOn i� j
�enae� e com0���cs wim iWeni bwe requCinq epu� aeEn opportur�ty. You aro nm repuiraC repuirw Io nob nu w n�nw�l orlpin ma aas o� m� Da�i� al vieml o0asnauon or '
�o �um��n mu �niormn�on. om ue m<oun0�e ia ao �o. Tn� iaw provMn Vvl � IenGa m�y fU10�IM. 11 yW EO 1101 WI{!1 �O I�pl�� IM �OOW IOIIXT�IIClI. OI!!f� Ni�l�l Olbw. I
� n�nner ana�m�nn� on in� o�m oi m�s inwrmuan. nor on wromn you cnoo�� io �
•pplk�nP� N�c�IN�tbnN Onpb N� �pouwY II�wIM�IbmI WIpM 0�� i
❑ Amp¢N InOnn, Ab�w�n N�tlr• ❑ Bl�c� ❑ PemeN ❑ �m�llc�n IMIIn, Ab�bn N�tln ❑ BbCM ❑ Flm�b '�
❑ HifP�mc ❑ WMb ❑ M�N ❑ M�O�nq ❑ W�ib ❑ Mtl� �
❑ bun, v¢J¢ isunao ❑ Omm IsW�nyl O Au�n, V¢ilk bi�Mr ❑ OiMr UD�ayl I
1 ao iwt wnn �o Nmqn Piq �nbim�pon UmO�lq I Oo ml wl�n la lumbn mb Inlwmtllon Unliblq � �
FOR BANK USE ONLY �
�..� AP�IIfJII(1I1 r�(')ryM . 1.1 Mm�1�viM inMrm�lVM nnl �. mnY1M N�� 1n�Mi�'.Tn� .... . I. � YMilivYl4 InMIT���nn �nl �(ynp1�IN1 tW CM��M ��
' ❑.ie man ❑ vu iaieonone ❑ mniais no� p.oviasa oy �po�icam �
❑ Initi�b nol povitl�G by Spou�� .
❑ Monnorinq inbrm�Upn comObleG Ey Bank ❑ Moni�ornq inlorm�lion cOmpbiaC Gy Banh I
S�pnaror• O���c� Nuv NumOer D�u �.
REFERRAL TO SECURITY PAGFIC FINANCIAL SERVICES, INC.
• �PG�ic�nlPl '
- ❑ BaM n IinieOY no�bW �thf l0 41ei t�i� �DGIiC�t�an �nJ aitV ���brn��l�Of� u0t�inwl in Cunnec11o0 wil� �I. �nCNJ�n� Ci�Ull r�ppllL Inlll�l� I
'i to Secunly vaob� Fnanaai Serv¢ee Inc �Ipp89 welow GreeM RQ., San O�eqa. C� 9YI71 lor lo�n O�s�slnq tl my ❑ W� ❑ No
/lpue311p CreOiliy n0� dOP�OVO4 �y 8ank On RI! 1!!mf r9qy0/IeC.
. �
I�
ine aoo.e mlo�maiion u correa io me oest ol my knowieage ana I mten0 n lo oe reliea upon lor me purpoaas ol Inis aDG��u�an. I aul�onxe you pns Benk or BanM alliliel��, II ralernl ol I
_ ap0�¢auon nas oeen aumorueal �o mawe wna�ever ma����ef you consiaer necessary ana appropnale concarning sucn Inlormaiion ana lo giw inbrmalion rpar0inq your crean uw���cs �o
o��er ce�sons. �npydmg aea�l repOni� agenciH. d Inn croail 6 granlea. I apina¢e my peail relerencp to O�oviaa inlo�m�Upn Io you. I unOUStan01na1 yoV will ba0 ��if a001ication I
nneiner o� noi ims creaq �s appimeo, an� mm you wni cons�aer u aa a com�numg e�a�ement ol my iinannai canOmon.
�oa��wni s S�g aw e / � Da�� n Spowe a Si neron �II; Oolyinq br joinl croan wnn spouse, C ie i
� � �) L � / .�l 7 ^ a
'—_' ' _ 'C Y c- � _ � i
7 �— ------ I
,
.,
� �
LYNWOOD LOCAL DEVELOPMENT COMPANY (LLDC) r
BALANCE SHEET
February 14, 1992
Assets
Cash
Saving .............................$36,853..50
Saving ..............................10,995.09
' Checking .............................1,310.32
49,158.91
' Accounts Receivable
(MOnthly Debt Payments)
Smith ....................$110.78
Lang ......................264.26
Shook .....................266.83
Johnson ...................265.94
Austed ....................496.19 -
1.404.00 �404.19
` Total Cash Assets..........$50,563.10
Liabilities
Accounts Payable.... .... ................$350.00
- (service fee to Security Pacific Bank)
Tax Payable .................................... .150.00
. Total Liabilities .....................$500.00
' LLDC�s Eauitv
LLDC, capital liquidity ......................$50,063.10