PMC Application - MAY08

PMC Commercial Trust
17950 Preston Road, Suite 600 PHONE: 972-349-3200

Dallas, TX 75252 www.pmctrust.com FAX: 972-349-3265
Business/Property Name
Physical Address
APPLICATION PACKET
ACQUISITION
APPLICATION CHECKLIST
For all partners, owners, or guarantors, please provide the following:
PMC's Credit application, signed and dated

PMC's Original Personal Financial Statement (PFS), signed and dated
Resume- use the one provided or attach a separate one
Last 3 years personal Tax Returns (TR's) or an extension for most current year if past April 15th
Including copies of W-2's
Bank or brokerage statements to match the Personal Financial statement liquid assets
Copy of driver's license
Copy of Alien Registration card, front and back
Please also mail originals (including signed personal financial statements) of any application materials
that are faxed and retain copies, as we will be unable to return documents once submitted.
For the business/property, please provide the following:

Project cost breakdown (may use the optional form located on the final page for this information)
Breakdown of downpayment source (if any)
Copy of the Contract or Letter of Intent
Last 3 years tax returns for the subject property
If tax returns are not available, provide 3 years financial statements. Tax returns are not available because
Current year-to-date financial statements dated within 90 days with comparable period for prior year
Relationship to seller
Completed questionnaire (form attached)
If the project includes renovations or other improvements please provide a budget with corresponding
copies of all bids and/or contracts
Please attach any leases pertinent to location, equipment, furniture, etc.
If the collateral includes real estate please provide

Tax appraisal
Copy of old appraisal, if available
Copy of ESA, if available
When was the building built?
How much land does it include?
How many square feet is in the building?
How many square feet does the business occupy?
Pictures of the property, inside and out, and the surrounding area.
If this is an SBA application complete the following:

Please list the history of business and benefits of the loan (or attach details)
What county is the project located in?

Number of current employees
Number of employees anticipated after the loan
Previous SBA or Government debt for this business or any business owned by the principals
of the applicant or any personal loans such as FHA, VA, Student loans, SBA or B&I:
Original Amount of Date of Approved or
Name of Agency
Debt Request Declined Current Balance Current or Past Due
17950 Preston Road, Suite 600 PHONE:
PHONE:
972-349-3200
972-349-3200
Dallas, TX 75252 www.pmctrust.com FAX:FAX:
972-349-3265
972-349-3265
Physical Address
APPLICATION PACKET
CONSTRUCTION


Business plan to include project cost breakdown & break down of down payment & its source.
(may use the optional form located on the final page for the breakdown)
Please submit copies of all bids and contracts on the following:

Land
Building
Equipment (FF&E)
Copy of Tax Appraisal
Copy of appraisal, if available
How many square feet will the building be?
How many square feet will the business occupy?
If you already own the property:
When did you purchase it?
What was the purchase price?
Any major improvements ?
Description
Pictures of the property, inside and out, and the surrounding area
SOFT COST
CONSTRUCTION BUDGET
Loan Fees/Guaranty Fee $

Appraisal $
Phase I $
Title Insurance $
Attorney Fees $
Interest Expense $
Architect/Engineering $
Monitoring Fee $
Bonds $
Permits $
Utility Tape Fee/Impact Fee $
Survey $
Contingency $
Franchise Fee $
Inventory $
Working Capital $
Total Closing Cost/Working Capital $

Physical Address
APPLICATION PACKET
REFINANCE

For the business/property please include the following:
Project cost breakdown. (may use the optional form located on the final page for this information)
Breakdown of downpayment source, if any.
Copy of all Notes
Last 3 years tax returns for the subject property
If tax returns are not available, provide 3 years financial statements. Tax returns are not available because
Year-to-date financial statements within 90 days with comparable period (at least sales) for prior year.
Completed questionnaire (form attached)
If the project includes renovations or other improvements please provide a budget with corresponding copies
of all bids and/or contracts
Complete the box for all debt and check the one(s) to be refinanced.
To Whom Payable Original Original Present Rate of Maturity Monthly Security Current or
Amount Date Balance Interest Date Payment Past Due
If the collateral includes real estate please provide/complete the following:

Tax appraisal
When did you purchase the property?
What did you pay for the property?
Any major improvements?
Description of improvements made
If this is an SBA application complete the following:
Please list the history of business and benefits of the loan (or attach details)

Name of Agency Original Amount of Date of Approved or Current Balance Current or Past Due
Debt Request Declined
Physical Address
APPLICATION PACKET
STARTUP

including copies of W-2's
Project cost breakdown (may use the optional form located on the final page for this information)
Breakdown of downpayment source (if any)
Business plan with 3 years' of projections
Projects should include line by assumptions
Personal cash flow (form attached)
Original Amount Date of Approved or Current or

Name of Agency Current Balance Past Due
of Debt Request Declined
If you have construction, renovations, or leasehold improvements please provide copies of bids
and contracts on:
Land
Building
Equipment (FF&E)
Renovations
Leasehold Improvements
If the collateral includes real estate please provide/complete the following:
Tax appraisal
If you already own the property:
When did you purchase the property?
What did you pay for the property? $
Any major improvements? $
Description of improvements made
CREDIT APPLICATION
Name: Social Security#:

First Middle Last
DL#/State
Home Address Yrs. At Home Phone
City/State/Zip Birth Date

Cell Phone Fax Email
Previous Address for yrs.

City/State/Zip *Race
US Citizen Yes No If not, Alien Registration # *Place of Birth

Employed by for Yrs. Position
City/State/Zip Employment Phone
Salary Gross: $
Marital Status: Married Unmarried Separated Divorced Number of Children
Spouse's Name Social Security #
First Middle Last Birth Date
US Citizen Yes No If not, Alien Registration # *Place of Birth
Spouses Employer Position for Yrs.
Gross Salary $ *Race DL#/State
Are you obligated to make Alimony, Child Support:
Are you an existing PMC customer?: (yes) (no) If yes, please note project name:
location: loan number:
Are you a previous PMC customer?: (yes) (no) If yes, please note project name:
location: loan number:
GENERAL INFORMATION
If you answer YES to any of the following please attach an explanation CIRCLE ONE
Are you or your spouse presently under indictment, on parole or probation? YES NO
Have you or your spouse ever been arrested, charged, or convicted of any criminal offense other than a minor motor vehicle violation? YES NO
Are you a partner, stockholder or officer in any other business venture? YES NO
Are you, your spouse or any officer of this business ever been defendant in any legal actions, suits, or bankruptcy? YES NO
Is there any company where you have been a director, a principal owner or an officer which has been involved in a bankruptcy, or foreclosure? YES NO
Have you ever had any property posted for foreclosure or surrendered to the mortgage holder in lieu of foreclosure? YES NO
Are you now or have you ever been past due on any taxes? YES NO
If you have a will, please provide the name of the executor.
*Military History Branch _________________________________________________ Dates Served _________________________________________
Applicant represents and certifies the foregoing information and that contained in attached schedules, if any, to be true, correct, and complete and that said
information is submitted to induce the addressee to advance funds to the applicant. Applicant authorizes PMC and/or subsidiaries and affiliates to obtain
a consumer report which may include a criminal background check and other investigations that they deem necessary.
I give permission to PMC Commercial Trust and/or any of its subsidiaries and affiliates to obtain and check my credit history/background. A copy of this form
shall be construed as the same as an original signature.
Applicant X Date
Spouse X Date
*Note: This information is collected for statistical purposes only and is necessary to document SBA fair-lending practices. It has no bearing on the credit decision
to approve or decline this application, but must be completely provided on the loan forms as indicated.
PERSONAL FINANCIAL STATEMENT
(CONFIDENTIAL)
Name: Spouse:
Home Address City/State/Zip
To: The following is submitted for the purpose of procuring, establishing and maintaining credit with you in behalf
PMC Commercial Trust of the undersigned or persons, firms or corporations in whose behalf the undersigned may either severally or
jointly with others execute a guaranty in your favor. The undersigned warrants that this financial statement is
and its Subsidiaries, true and correct and that you may consider this statement as continuing to be true and correct until a written
affiliates and/or assigns notice of a change is given to you by the undersigned.
ALL BLANKS SHOULD BE COMPLETED (either w/information or "N/A") Revised 7/11/08
ASSETS LIABILITIES & NET WORTH

13. Notes Payable, Banks, Unsecured
1. Cash on hand in banks (see schedule 1)
(see schedule 1)
2. Marketable & Govt. Securities
14. Automobile Loans (see schedule 1)
(see schedule 2)
15. Loans Against Life Insurance
3. IRA's & 401K's (see schedule 3)
(see schedule 4)
4. Notes Receivable - (See schedule 7) 16. Credit Cards
5. Cash Surrender Value Only- Life insurance 17. Heloc

18. Real Estate Mortgages Payable
6. Real Estate in Own Name (see schedule 5) (see
schedule 5)
7. Partial Interest in Real Estate - Net Equity
19. Income Taxes Due
Values (see schedule 6)
8. Automobiles 20. Other Liabilities - Itemize
9. Furniture and Personal Property

(if > $30,000 provide detail)
10. Other Businesses w/o Real Estate
21. Total Liabilities

22. Net Worth
11. Other Total Assets less Total Liabilities (12-
20)
23. Total Liabilities and Net Worth (same as
12. TOTAL ASSETS (1-11)
12)
SOURCES OF ANNUAL INCOME SIGNATURES

INCOME FROM ALIMONY, SEPARATE MAINTENANCE OR CHILD SUPPORT NEED
NOT BE REVEALED IF YOU DO NOT CHOOSE TO RELY ON IT IN CONNECTION
WITH THIS FINANCIAL STATEMENT I authorize SBA/Lender to make inquiries as necessary to verify the accuracy of the
statements made and to determine my creditworthiness. I certify the above and the
Salary- yours statements contained in the attachments are true and accurate as of the stated date(s). These
statements are made for the purpose of either obtaining a loan or guaranteeing a loan. I
Salary- spouse understand FALSE statements may result in forfeiture of benefits and possible prosecution
Commissions and bonuses by the U.S. Attorney General (Reference 18 U.S.C. 1001).
Dividends
Real Estate Income
Other Income - Itemize (Applicant) X
Date
TOTAL ANNUAL INCOME (Spouse) X
(Complete Schedules on Reverse Side) Date
SUPPLEMENTAL SCHEDULES
SCHEDULE 1 - BANKING RELATIONSHIPS

Loan
Name of Bank Location/Acct# Checking Balances Savings Balances Terms of Maturity Collateral
Balance
Total of Checking (+) Savings (Line 1 on PFS) $

SCHEDULE 2 - SECURITIES (GOVT. AND MARKETABLE)
No. Shares of Face Market
Description Cost Source of Valuation Registered in Name of Is Stock Pledged?
Value Value
Total Market Value (Line 2 on PFS) $

SCHEDULE 3 - IRA's / 401K's
Description Total Value Registered in Name of
Total IRA/401K (Line 3 on PFS) $

SCHEDULE 4 - LIFE INSURANCE COVERAGE
Total Cash Policy

Face Value Insurance Owner of Policy Name of Beneficiary Is Policy Assigned?
Surrender Value Loans
Company
Total Cash Surrender Value (Line 5 on PFS) $

Total Policy Loans (Line 15 on PFS) $
SCHEDULE 5 - REAL ESTATE IN OWN NAME
Description Including Cost of Original Market ARM/
Date Acquired Mortgage Balance Rate Term Mortgage Holder
Location or Address Improvements Cost Value Balloon?
Total Market Value (Line 6 on PFS) $

Total Mortgage Balance (Line 18 on PFS) $
SCHEDULE 6 - PARTIAL INTERESTS IN REAL ESTATE - NET EQUITY VALUES
Business Name % of Ownership
Market Value Mortgage Balance Value of Equity
& Property Description Total Cost Date Acquired Rate Term
A B (A-B)xC
Address C
Total Value of Equity (Line 7 on PFS) $

SCHEDULE 7 - NOTES RECEIVABLE
Balance of
Maker (Receivable From) Secured By (Collateral) Value of Collateral Rate Term Date Acquired Lien Position Assignable
Receivable
Total Balance of Notes Receivable (Line 4 on PFS) $

RESUME
Name:
First Middle Last
Home Address:
Street Address City State Zip
EDUCATION
High School Grade Completed
College or Technical Training. Name and Location Dates Attended From/To Major, Degree or Certificate
WORK EXPERIENCE
to Present:
Month/Year
Company Name
Address:
Job Title:
Job Description:
to :
Month/Year
Company Name
Address:
Job Title:
Job Description:
to :
Month/Year
Company Name
Address:
Job Title:
Job Description:
to :
Month/Year
Company Name
Address:
Job Title:
Job Description:
to :
Month/Year
Company Name
Address:
Job Title:
Job Description:
AFFILIATE FORM
Please make copies if there are more than two businesses in which you are affiliated.
For any other business that you own or partially own, please provide the following information on each
business*
AFFILIATE # 1 AFFILIATE # 2
1 Corporate Name (if any)
2 Name of Business
3 Type of Business
4 City/State
5 Tax Returns for the Last

Two Years Attached? Yes No Yes No
6 Latest Interim Financial

Statement (Including
Balance Sheet) Attached? Yes No Yes No
7 Percentage of Ownership
8 Date Acquired
9 Cost (of 100%)
10 Loan Balance (of 100%)
11 Lender Name
12 Monthly Debt Service
13 Term
14 Rate
15 Number of Rooms (if applicable)
16 Has this business ever applied

for or had an SBA loan? Yes No Yes No
If so…
What is outstanding balance?
Paid as agreed?
ESTIMATED PROJECT COST
PROJECT NAME
TOTAL PROJECT COST

(Please attach breakdown I.e., land, building, equipment, inventory,
working capital, etc.)
YOUR CAPITAL INJECTION

(Minimum 20-30% of the above total project cost)
SOURCE OF INJECTION
ACTUAL LOAN AMOUNT

(Total project cost minus capital injection)
ADDITIONAL COLLATERAL TO BE PLEDGED*

(Minimum 50% of the above actual loan amount)
PROJECT LOCATION
REFERRED TO PMC COMMERCIAL TRUST BY
* Additional collateral is required on any leasehold project where real estate is not a part of the business collateral. This includes items
such as CD's, stocks, bonds, notes receivable secured by real estate, extra guarantors, and any combination of the above. Inventory,
furniture, fixtures, or equipment in the business will be collateral for the loan, but are not considered additional collateral.
EQUITY INJECTION
Cash in Accounts
Sale of Securities
Sale of Assets
Funds from Family
Business Assets
Other:
TOTAL EQUITY INJECTION
GAS & SERVICE STATION
CONVENIENCE STORE
QUESTIONNAIRE
To assist PMC in evaluating your financing proposal, we require the following information
STORE INFORMATION
When was property built

Number of MPD’s (Multi product dispensers/pumps):
Acreage Size of building sq. ft.
Car wash Yes No
Restaurants Yes No Restaurant or Car Wash Details
Exterior Construction Brick Concrete Block Prefab

Stucco Other
Roofing Shingle Metal Tile Flat
Pitched
Age of Roof
Parking Lot Concrete Asphalt Number of Spaces
Are there any drainage problems? Yes No
If yes, please explain:
Important: Please provide pictures of the property, both inside and out, and the surrounding area.
LOCATION
Nearby highways
Description of street in front of property
One way street Yes No
How many lanes
Direct access Yes No
Turning lane Yes No
Speed Limit
Any construction being performed on this road now or being planned in the future?
Yes No
If yes, to what degree
COMPETITORS
Gallons
Age of Car Distance
Name per Restaurant
Property Wash Away
Month
Are you aware of any to-be-completed stores which will compete with this store?
Yes No If yes, please describe
RESTAURANTS
Name Distance Away
Describe in detail other businesses/traffic generators in the area
Are there any adult entertainment businesses nearby? Yes No

If yes, please detail
In detail, please draw a map of the area indicating property, nearby highways, competitors, access to
property, etc. (see example)
GAS EQUIPMENT
Does your county require vapor recovery systems Yes No

Does the property have a vapor recovery system Yes No
When were the tanks and lines installed?
Tanks and lines are (check one)
Steel with cathodic protection
Steel with fiberglass lining (composite
Fiberglass
How many tanks are there? Capacity: Gallons:
Does the property have monitoring wells?
(Required on all tanks installed after 1990)
The monitoring wells are for: Observation only (or)
Monitoring a recorded spill
Explain further in Environmental section
How is leak detection done:
automatic method
Statistical Inventory Reconciliation
Does the property have spill/overflow reservoirs? Yes No
(Required)
ENVIRONMENTAL ISSUES
Are there any known or suspected environmental problem areas on the property?
Yes No
(If yes, complete the appropriate section below.)
Remediation
Has remediation been recommended or started? Yes No
If yes, when was it started?
What is the cost of the remediation?
Who will pay for it?
How long will it take
Will the station close during the remediation?
Monitoring of prior spill:

Please provide copies of the monitoring reports.
Has the state indicated how soon a ‘no further action’ letter would be granted?
Prior spill has been cleaned up and a ‘no further action’ letter has been granted.
Please provide a copy of the letter.
Do you plan to replace the tanks as a part of this financing? If so, we require as a general rule that the
excavation be done and samples taken and checked prior to closing.
Is this possible?
BRANDING
What brand is/or will be the station?
Please provide the agreements already signed or to be signed with the jobber.
Will the jobber be paying for imaging/branding? Yes No

How much will the jobber be paying for imaging/branding? $
What exactly is he providing?
Will he have a lien on those items? Yes No
How is to be paid back, if that is the case?
HOTEL QUESTIONNAIRE
To assist PMC in evaluating your financing proposal, we require the following information
HOTEL LOCATION
Property Name
Physical Address City State Zip
Nearby Highways Exit# Distance from property

Street in front of property:
Is the street one way? Yes No How many lanes?
Direct access to hotel? Yes No Turning lane? Yes No
What is the speed limit?
Hotel traffic:
Local % Destination %
Transient % Tourist %
Any construction being performed on this road now or being planned in the future? Yes No
If so, to what degree?
Are there any drainage problems? Yes No If so, please explain
HOTEL INFORMATION
Total number of rooms Number of buildings Number of stories
Number of Singles Size of rooms 'x '
Number of Kings Size of rooms 'x '
Numbers of Doubles Size of rooms 'x '
Number of Suites Size of rooms 'x '
Number of Handicapped Size of rooms 'x '
Number of weeklies Weekly Rate
Rooms out of service (Attach list of repairs needed to reopen these rooms)
ADR for the past 12 months (if applicable) $ Occupancy %
History of the property for the past five years (franchise or independent)
If the property is a franchise, what is the franchise term?

Total square footage of the land? Leased? Yes No
If yes, attach copy of lease.
Was the building constructed prior to January 1, 1981? Yes No If yes, has the building been
tested for Asbestos containing materials (ACM), lead-based paint, or lead in the drinking water?
Yes No Describe or attach ESA
Are there any known or suspected environmental problems with the areas on the property?
(i.e. asbestos or underground gasoline storage tanks) Yes No If yes, please explain
Are any operational and maintenance plans (O&M plans) in effect for the facility? Yes No
CONSTRUCTION
Concrete Year
Exterior: Brick Prefab Stucco Other
Block Constructed
Building 1
Building 2
Building 3
Building 4
Roofing: Shingle Metal Tile Flat Pitched Age of roof

Building 1
Building 2
Building 3
Building 4
Parking lot:
Concrete Asphalt Number of spaces
Describe condition
Interior: Interior corridor Exterior corridor Elevators

Building 1 Yes No
Building 2 Yes No
Building 3 Yes No
Building 4 Yes No
Number of meeting or banquet rooms _________ Description and capacity

Swimming pool Yes No Indoor/Outdoor Truck Parking Yes No
Restaurant Yes No If yes, is it Leased Closed Owner operated
Description and capacity Terms
What is included
Lounge Yes No If yes, is it Leased Closed Owner operated
Description and capacity Terms
What is included
Televisions
No. of units
Brand name
Age
Remote Yes No Yes No Yes No
HVAC: Central ________ Individual units_______

No. of units
Brand name
Age
Property Name/Location Date
Bathroom description (i.e.: flooring, tubs, ceilings, etc.)
Reservation system description

Other computer system description
Telephone system description
Furniture/Fixtures description and condition
Age of furnishings? Age of fixtures?
LEASES
If any of the following items are leased or to be leased in the next 12 months, mark below and attach copies
of the leases.
Televisions Reservation system
Telephones Signs
Phone System Furniture
Date and summary scope of last renovation
LOCATION
Competitors
Property Distance
Name Rooms ADR Occupancy
Age Away
1
2
3
4
5
6
If you are aware of any to-be-completed properties which will compete with this property? Yes No
Restaurants: Gas Stations:

Distance Distance
Name Name
Away Away
1 1
2 2
3 3
4 4
Describe in detail other businesses/traffic generators in the area
Are there any adult entertainment businesses nearby? Yes No

If yes, please detail
In detail, please draw a map of the area indicating property, nearby highways, competitors, access to
property, etc. (see example)
ITEMS TO ATTACH
Pictures of the property including:
1 Outside- All sides 6 Pool area

2 Rooms- All types 7 View on street facing across street
3 Bath area 8 View on street facing right
4 Hallways 9 View on street facing left
5 Lobby 10 View of property from highway
Recent appraisals (if available)
Last franchise inspection report
Signature
Date

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PMC Commercial Trust

17950 Preston Road, Suite 600 PHONE: 972-349-3200

PMC's Credit application, signed and dated

For the business/property, please provide the following:

If the collateral includes real estate please provide

If this is an SBA application complete the following:

What county is the project located in?

PMC's Credit application, signed and dated

For the business/property, please provide the following:

Please submit copies of all bids and contracts on the following:

Loan Fees/Guaranty Fee $

Total Closing Cost/Working Capital $

PMC's Credit application, signed and dated

If the collateral includes real estate please provide/complete the following:

What county is the project located in?

PMC's Credit application, signed and dated

Original Amount Date of Approved or Current or

Name: Social Security#:

City/State/Zip Birth Date

Previous Address for yrs.

US Citizen Yes No If not, Alien Registration # *Place of Birth

Spouse's Name Social Security #

First Middle Last Birth Date

US Citizen Yes No If not, Alien Registration # *Place of Birth

Spouses Employer Position for Yrs.

Gross Salary $ *Race DL#/State

Are you obligated to make Alimony, Child Support:

*Military History Branch _________________________________________________ Dates Served _________________________________________

ALL BLANKS SHOULD BE COMPLETED (either w/information or "N/A") Revised 7/11/08

ASSETS LIABILITIES & NET WORTH

4. Notes Receivable - (See schedule 7) 16. Credit Cards

5. Cash Surrender Value Only- Life insurance 17. Heloc

8. Automobiles 20. Other Liabilities - Itemize

9. Furniture and Personal Property

10. Other Businesses w/o Real Estate

21. Total Liabilities

SOURCES OF ANNUAL INCOME SIGNATURES

SCHEDULE 1 - BANKING RELATIONSHIPS

Total of Checking (+) Savings (Line 1 on PFS) $

Total Market Value (Line 2 on PFS) $

Description Total Value Registered in Name of

Total IRA/401K (Line 3 on PFS) $

Total Cash Policy

Total Cash Surrender Value (Line 5 on PFS) $

Total Market Value (Line 6 on PFS) $

Total Value of Equity (Line 7 on PFS) $

Total Balance of Notes Receivable (Line 4 on PFS) $

High School Grade Completed

5 Tax Returns for the Last

6 Latest Interim Financial

9 Cost (of 100%)

10 Loan Balance (of 100%)

12 Monthly Debt Service

15 Number of Rooms (if applicable)

16 Has this business ever applied

What is outstanding balance?

TOTAL PROJECT COST

*Military History Branch _________ Dates Served _

HVAC: Central __ Individual units_