HomeMy WebLinkAbout(1) REVOLVING LOAN PROGRAMCITY OF PORT ARTHUR, TEXAS
FINANCE DEPARTMENT
/).ATE:
'TO:
l:rttOM:
RE:
12/11/2002 .~ t&
STEVE FITZGI~BON S, CITY ~.x~~
I~EBEC CA LrNDERH13' .1'' CPA, ]~OR OF Fi2qANCE
REVOLVEqG LOAN FUND
R ~ .C; .E i .V. E D
DEC I 2 EI E
~r~' MANAGER
Attacked is the status of the te~olving loans as of Septemb~ 30, 2002.
$136,827 in available cash in this fund.
Cu~eatly, the~e is
RU
Memo
From:
Date:
Re:
Rebecca Underhill, Director of Finan. ce-~
Helen Williams, Grants Accountant/
September 27, 2002
Revolving Loan Payments
Per your request is the status on the Revolving Loan payments received as of ~
Last Payment
Date
Gulf Copper 01/28/02
Reggie's Paint & Body 05/17/O0
Encore Inking #1 05/08/97
Encoce Inking #2 05/28/97
Derrick OII 09/10/02
Silver Spoon 05/09/02
Victoria's Closet #1 07/09/01
Victoria's Closet #2 07/06/01
ProMetal 06/05/02
Ray Air Cleaner #1 05/17/99
Ray Air Cleaner #2 05/17/99
Ray Air Cleaner*k3 05/17/99
Safe & Sound Medical 01118/02
Golden Chicken none
JavaCo Deli. 09~03/02
Hatch 01/17/02
Special Moments 09118/02
Payment
Amount
482.80
184.17
# 1,527.36
# 593.96
530.38
318.24
# ~ 212.12
# 94.75
*** 14,148.92
188.73
188.73
94.37
1,663.81
0.00
# 200.00
** 6,000.00
* 224.37
Loan Balance
0.00
8,266.83
33,637.63
13,268.41
27,250.05
29,969.56
16,929.49
3,699.00
0.00
8,503.86
8,950.15
4,852.03
0.00
10,000.00
17,269.12
34,662.05
17,883.61
# indicates Bankruptcy
* Mr. Watson payment reflects interest only
** Mr. Hatch is paid up through December, 2002.
*** Payoff approved by Resolution ~O2-164
cc: Legal Dept. - Mr. Mark Sokolow
Ptanning - Mr. Dale Watson