1030 W. Higgins Road Suite #365, Park Ridge, IL 60068
Phone:# 847-696-1000            Fax:# 847-696-1001

LENDER’S APPROVAL

DATE:		______________

DRAW NO: 	_________________

CONSTRUCTION ESCROW FILE NO:	___________________

Please be advised of the following:

1.	As Lender we hereby approve the Owner’s Sworn Statement dated ________(date) as prepared by
______________________________________, Owner.

2.	As Lender we hereby approve the General Contractor’s Statement dated ____________(date) as prepared by
___________________________________, Contractor.

3.	As Lender we hereby certify that an inspection has been made and the work has been completed and materials are in place as indicated by the request for payment on the General Contractor’s Sworn Statement and Owner’s Statement, if applicable.

4.	Funds in the amount of $______________, have been disbursed as of the date of            
______________(date).

5.	Including the amount of this draw, the current balance disbursed to date is $_____________.

Kindly provide your endorsement covering Mechanic’s Liens through the date of disbursement.

______________________________________________
Lender

By: ___________________________________________

Printed Name: ___________________________________

Title: __________________________________________