Attached files
| file | filename |
|---|---|
| S-1/A - POWIN ENERGY CORP | powin_s1amendmentno57.htm |
| EX-5.1 - OPINION OF LEGAL COUNSEL - POWIN ENERGY CORP | f51opinionlettervr.htm |
| EX-10.10 - BUSINESS LOAN AGREEMENT AND AMENDMENT: QBF AND STERLING - POWIN ENERGY CORP | ex1010changeinagreement.htm |
| EX-3.9 - RESTATED AND AMENDED BYLAWS - POWIN ENERGY CORP | ex39powinbylawsat20090215.htm |
| EX-10.9 - BUSINESS LOAN AGREEMENT AND AMENDMENT: POWIN AND STERLING BANK - POWIN ENERGY CORP | ex109changeintermsagreement.htm |
| EX-23.1 - CONSENT FROM INDEPENDENT AUDITOR - POWIN ENERGY CORP | ex231powinconsenttofiles1upd.htm |
| EX-16.1 - LETTER FROM RR HAWKINS - POWIN ENERGY CORP | ex161letterfromrrhtosecdated.htm |
STERLING
SAVINGS BANK
August 26, 2009
________________BUSINESS BANKING______________________________________
Dave Chambers, CFO
Powin Corporation
6975 SW Sandburg St., lSuite 326
Tigard, OR 97223
Dear Dave:
This memo is in regards to Powin. Corporation and subsidiary company QBF, Inc. which have credit facilities of $1,000,000 and $650,000 respectively with Sterling Savings Bank. The lines of credit extended to Powin Corporation and QBF, Inc. have performed as agreed and the companies are not in violation of covenants with the bank that are referenced in business loan agreement (page 3). The bank deems both companies in good standing in overall performance since credit facilities were established with the bank.
Sincerely,
/s/ Mark McCaslin
Mark McCaslin
V.P. & Commercial Banker
Peterkort Commercial Banking
Sterling Savings Bank
(503) 291-4423
9755 SW BARNES ROAD, SUITE 105
PORTLAND, OR 9722S
PHONE: 503-291 -4400 FAX: 503-292-3954