exhibit 10. 1 u. s. small business administration office of investment & innovation 409 third street, sw, suite 6300 washington, d. c. 20416 commitment letter license no. 05 / 05 - 5134 sep 2 - 2014 mr. dean pickerell medallion capital inc. 3000 w. county road 42, suite 301 burnsville, mn 55337 dear mr. pickerell : the small business administration ( “ sba ” ) is hereby committing to reserve leverage ( as defined in title 13 of the code of federal regulations ( “ 13 cfr ” ) 107. 50 ) in the form of guaranteed debentures in an amount equal to $ 10, 000, 000. 00, to be issued by medallion capital, inc. ( the “ company ” ) on or prior to september 30, 2018, subject to the terms and conditions set forth in this commitment letter and in 13 cfr 107. 1200 - 1240. as used herein, terms which are defined in 13 cfr part 107 shall have the meanings assigned to them therein. sba may limit the amounts that may be drawn each year under this commitment letter. each issuance of leverage under this commitment letter is conditioned upon the company ’ s creditworthiness ( as determined by sba ) and the company ’ s full compliance ( as determined by sba ) with each of the other terms and conditions set forth in 13 cfr 107. 1200 - 1240. this commitment letter shall terminate automatically at 5 : 00 p. m. eastern time on september 30, 2018. you must pay to sba a non - refundable leverage fee in the amount of $ 100, 000. 00 within thirty days of the date of this letter or prior to your first draw against this commitment, whichever occurs earlier. the remaining portion of the leverage fee, in the amount of $ 200, 000. 00, will be deducted pro - rata as commitment proceeds are drawn. by its acceptance of this commitment letter, the company agrees to pay, indemnify and hold sba harmless from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect to or arising out of this commitment letter. this commitment letter is subject to the provisions of part 107 of title 13 of the code of federal regulations, including without limitation 13 cfr 107. 1200