LOAN AGREEMENTLoan Agreement • March 30th, 2011 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota
This Loan Agreement (“Agreement”) is made as of the 1st day of February, 2011, (“Effective Date”) by and among WSI Industries, Inc., a Minnesota corporation, having an address of 213 Chelsea Road, Monticello, MN 55362 (“Borrower”), Taurus Numeric Tool, Inc., having an address of 213 Chelsea Road, Monticello, MN 55362 and WSI Rochester, Inc., having an address of 213 Chelsea Road, Monticello, MN 55362 (jointly “Guarantor”) and M&I Marshall & Ilsley Bank, having an address of 11455 Viking Drive, Eden Prairie, Minnesota 55344 (“Bank”).
