Currently the language to include an allowance for

Currently the language to include an allowance for the bank to loan over $10M with just the two board members is being fought out between Republicans and Democrats on the Hill. Dems want it included and conservative Republicans do not want it in. Senator Lindsey Graham, a republican, however, is doing everything he can to push that language through on the CR to allow the bank to fund loans over $10M as, I believe, Boeing has a plant in his backyard. He's said he will note vote on the CR unless that pro EX-IM language is added to the CR.
Right now it's up in the air but the CR will be voted on this week. They have to pass the Continuing Resolution so that the government is funded through December.

Even if the EX-IM language is not included in this CR, they will probably come to an agreement on it by the end of the year. In the meantime,TPAC still can take the option on the $10M loan although I doubt they would. It may not be needed with the current direction TPAC is headed with the EIA's and SLA's.

It could be an all or nothing type loan arrangement. $85M or no loan.
If they take the $10M loan it may make the $85M loan more difficult to obtain when the EX-IM bank situation gets settled, hopefully in the near future.

JonnyBGood