First Amendment to Business Loan Agreement between Wisconsin Business Bank and Badger Paper Mills, Inc.

Contract Categories: Business Finance › Loan Agreements
Summary

This amendment, dated March 7, 2002, is between Wisconsin Business Bank and Badger Paper Mills, Inc. It increases the limit on capital expenditures for Badger Paper Mills from $3,000,000 to $4,000,000 for the year ending December 31, 2002, to align with the company's 2002 budget. No other terms of the original loan agreement or related documents are changed by this amendment.

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EX-4.5 4 slp290b.txt FIRST AMENDMENT TO BUSINESS LOAN AGREEMENT [LOGO OMITTED] WISCONSIN BUSINESS BANK A Branch of Wisconsin Community Bank Your Bank . . .Your Partner March 7, 2002 Mr. Bill Peters Badger Paper Mills, Inc. 200 W. Front St. Peshtigo, WI 54157 Dear Bill: Wisconsin Business Bank agrees to amend the limit on capital expenditures from $3,000,000 to $4,000,000 as it pertains to the year ending 12/31/02 to match your 2002 budget. This amendment should not be construed to be an amendment of any other rights under the note, loan agreement and related loan documents. Should you have any questions, please give me a call. Sincerely, /s/ Wenda M. Roycraft Wenda M. Roycraft Assistant Vice President 1510 Mid Valley Dr., P.O. Box 5307, De Pere, WI 54115-5307 Phone ###-###-#### Fax ###-###-#### www.wisbusbank.com