Food Distributor | Statement Of Purpose
STATEMENT OF PURPOSE
Commercial Food, Inc. seeks a loan of $75,000 to establish anew business. This sum together with $5,000 equity investment by the principals will be used as follows:
| Merchandise inventory | $25,000 |
| Office fixture/equipment | 12,000 |
| Warehouse equipment | 14,000 |
| One delivery truck | 10,000 |
| Working capital | 39,00 |
| Total | $100,000 |
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