LOAN AND SECURITY AGREEMENTLoan and Security Agreement • January 10th, 2022 • Mill City Ventures III, LTD • Short-term business credit institutions • Minnesota
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”), dated as of January 3, 2022, is made and entered into by and between Mill City Ventures III, Ltd., a Minnesota corporation (the “Borrower”), on the one hand, and Lyle A. Berman, as Trustee of the Lyle A. Berman Revocable Trust, and Eastman Investment, Inc., a Nevada corporation (each a “Lender” and collectively the “Lenders”), on the other hand.
