News | Board Minutes | 2000

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
SEPTEMBER 26, 2000


ITEM NO 1
Country EGYPT                                  AP076689XX
Request for FINAL COMMITMENT
Applicant      ALLFIRST BANK, BALTIMORE MD
Borrower       MAGD STEEL FOR METALS LLC, QALIUB, CAIRO EGYPT
Guarantor      EL-GAWAD, IBRAHIM FOUAD ABD, AGOUZA, GIZA EGYPT
Buyer          MAGD STEEL FOR METALS LLC, QALIUB, CAIRO EGYPT
End-user       MAGD STEEL FOR METALS LLC, QALIUB, CAIRO EGYPT
Exporter       IOWA PRECISION INDUSTRIES INC, CEDAR RAPIDS IA
Supplier       IOWA PRECISION INDUSTRIES INC, CEDAR RAPIDS IA
Gteed Lender   ALLFIRST BANK, BALTIMORE MD
Project Description CUT STEEL SHEETS
Product Description CUTTING & SLITTING LINE
Financed Amount USD      641,866
Repayment Term  5 YEARS
Credit Committee Decision APPROVED.


ITEM NO 2
Country NIGERIA                                AP076244XX
Request for FINAL COMMITMENT
Applicant      WEBSTER BANK, HARTFORD CT
Borrower       ENVIROSTRATEGY & SOLUTIONS, LAGOS NIGERIA
Guarantor      ADELEKUN, ANDREW, LAGOS NIGERIA
Guarantor      BAMIGBOYE, FEMI, IKEJA NIGERIA
Guarantor      ADDITIONAL GUARANTORS
Buyer          ENVIROSTRATEGY & SOLUTIONS, LAGOS NIGERIA
End-user       ENVIROSTRATEGY & SOLUTIONS, LAGOS NIGERIA
Exporter       INTELLIGENT EARTH INC, ATLANTA GA
Supplier       INTELLIGENT EARTH INC, ATLANTA GA
Supplier       APOLLO SEPARATION TECHNOLOGIES, INC., HOUSTON TX
Gteed Lender   WEBSTER BANK, HARTFORD CT
Project Description OIL REFINERY CONSTRUCTION
Product Description OIL-WATER SEPARATORS & GREENZYMES
Financed Amount USD    1,280,884
Repayment Term  6 YEARS
Credit Committee Decision APPROVED.