LOAN AGREEMENT Dated as of January 16, 2006 between ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC. a Delaware corporation and LIBERTY BANK OF ARKANSASLoan Agreement • March 31st, 2006 • Advanced Environmental Recycling Technologies Inc • Millwood, veneer, plywood, & structural wood members • Arkansas
THIS LOAN AGREEMENT (the “Agreement”), dated as of January 16, 2006, is between ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC., a Delaware corporation (the “Borrower”), and LIBERTY BANK OF ARKANSAS, an Arkansas state chartered bank (the “Lender”).
