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Summary of the Meeting of the Credit Committee

Friday, June 13, 2003
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Thursday, June 19, 2003

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

JUNE 13, 2003

ITEM NO 1

Country MEXICO AP079628XX

Request for FINAL COMMITMENT

Applicant HEMISPHERE NATIONAL BANK, THE, MIAMI FL

Borrower AGRICOLA PARAISA S.P.R. DE R.L., ANGOSTURA, SINALOA 81600 MEXICO

Guarantor GERARDO RIOS, PORFIRIO, GUAMUCHIL, SINALOA 8141 MEXICO

Guarantor GERARDO ZANUDO, JOSE PORFIRIO, C.P. 80300 CULIACAN, SI MEXICO

Guarantor ADDITIONAL GUARANTORS

Buyer AGRICOLA PARAISA S.P.R. DE R.L., ANGOSTURA, SINALOA 81600 MEXICO

End-user AGRICOLA PARAISA S.P.R. DE R.L., ANGOSTURA, SINALOA 81600 MEXICO

Exporter ORGIL INTERNATIONAL GREENHOUSE CORP., SAN DIEGO CA

Exporter MEGA PARTS DISTRIBUTORS INC., LAKESIDE CA

Supplier ORGIL INTERNATIONAL GREENHOUSE CORP., SAN DIEGO CA

Supplier MEGA PARTS DISTRIBUTORS INC., LAKESIDE CA

Supplier ADDITIONAL SUPPLIERS

Gteed Lender HEMISPHERE NATIONAL BANK, THE, MIAMI FL

Project Description AGRICULTURAL PRODUCTION

Product Description FARM MACHINERY & EQUIPMENT

Financed Amount $ 1,875,719

Repayment Term 5 YEARS

Credit Committee Decision APPROVED