Re-List Buying a Piece of the Company I Work For

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 10% |
| Lender Rate: | 12% | Borrower: | moneyman01 |
| Finished | State: | TX | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-06-21 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Jun 21, 2007 | Current |
|
Purpose of loan: The loan will actually serve to purposes. 1) I am a lender on Prosper and this loan will allow me to learn more about the borrowing side, and 2) I will use the money to exercise stock options and buy a piece of the company I work for. My financial situation: My finacial situation is good. I have been an executive with my company for five years and now have the opportunity to own a piece of the company that I've worked so hard to build. This is a great opportunity for me and my family. I appreciate you considering my loan request. Monthly net income: $ 10,500 Monthly expenses: $ 5,500 Housing: $ 2512 Insurance: $ 103 Car expenses: $ 556 Utilities: $ 475 Phone, cable, internet: $ 225 Food, entertainment: $ 800 Clothing, household expenses $ Credit cards and other loans: $ 685 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 147157 | Exercising Stock Options | A | $25,000 @ 8% | Jun 05, 2007 | Withdrawn |
| 147167 | Exercising Stock Options | A | $25,000 @ 8% | Jun 05, 2007 | Withdrawn |
| 147533 | Buying a Piece of the Company I Work For | A | $25,000 @ 10% | Jun 06, 2007 | Withdrawn |
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