May 2008 Update

On April 14, 2008 the house at 856 Main Street was taken down to make room for expansion of our facilities. The acquisition of the two properties north of us on Main St. has added 55% more land to our present property. We look forward to all God has in store for our growing family at Leominster Assembly of God.

TAKE THE LAND OFFERINGS TO DATE

• Beginning Loan Amount: $600,000
• Regular Principal Payments (10): 9,981
• Extra Principal Applied: 102,689
• Total Principal Applied: 112,670
• Current Loan Balance: $487,330
• At an average $8500/month extra applied to the principal each month, the loan should be paid off by November 2011 (4½ years of payments).

Your current Facilities Team: Jim Amirault, Steve Bibeau, Mark Butler, John “Jay” McCaffrey, Tom Richard, Harry Marshall.

This entry was posted on May 1, 2008 at 8:00 am and is filed under Take The Land, Newsletter. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.

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