|  | **EXHIBIT 10(a)(ii)** |
|--|-----------------------|

****BUSINESS LOAN AGREEMENT****
|  | **Principal****$1,000,000.00** |  | **Loan Date****09-30-2005** |  | **Maturity****02-28-2006** |  | **Loan No             26** |  | **Call / Coll** |  | **Account****824-1400008 ** |  | **Officer        K. Smith** |  | **Initials** |
|--|--------------------------------|--|-----------------------------|--|----------------------------|--|----------------------------|--|-----------------|--|----------------------------------|--|-----------------------------|--|--------------|

|  | References in the shaded area are for Lender's use only      and do 						not limit the applicability of this document to any particular      loan or 						item.  						             						Any item above containing " * * * " has been omitted due to  text   length 						limitations.  |
|--|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | **Borrower:**             					  					             					       
 					  |  | **HICKOK INCORPORATED****10514 DUPONT AVENUE****CLEVELAND, OH 44108**
 					  |  | **Lender:**
 					  |  | **THE HUNTINGTON NATIONAL   BANK****Cleveland Commercial Lending****P. 0. Box 341470 - NC1W25****Columbus, OH 43234-9909** |
|--|----------------------------------------------------------------------------------------|--|------------------------------------------------------------------------------------|--|--------------------------|--|----------------------------------------------------------------------------------------------------------------------------|

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**TERM.** 		 This Agreement shall be effective as of     September 30, 2005, 		and shall continue in full force and effect   until    such time as all of Borrower's 		Loans in favor of Lender have been paid    in full, including principal, interest, 		costs, expenses, attorneys'  fees,  and other fees and charges, or until 		such time as the partiesmay    agree  in writing to terminate this Agreement. 		

**CONDITIONS PRECEDENT TO EACH ADVANCE**. Lender's obligation      to 		make the initial Advance and each subsequent Advance under this Agreement     		shall be subject to the fulfillment to Lender's satisfaction of all of   		the conditions set forth in this Agreement and in the Related Documents.    		

> **Loan Documents.** 			 Borrower shall provide      to Lender the 			following documents for the Loan: (1) the Note; (2) guaranties;    (3) together 			with all such Related Documents as Lendermay require for    the Loan; all 			in form and substance satisfactory toLender and Lender's    counsel.  
**Borrower's Authorization.** 			 Borrower shall have      provided in form 			and substance satisfactory to Lender properly certified      resolutions, duly 			authorizing the execution and delivery of thisAgreement,      the Note and 			the Related Documents. In addition, Borrowershall have    provided  such other 			resolutions, authorizations, documentsand instruments    as Lender  or its 			counsel, may require. 			

**Payment of Fees and Expenses**. Borrower shall  have paid     to Lender 			all fees, charges, and other expenses which are then due and    payable as 			specified in this Agreement or any Related Document. 			

**Representations and Warranties**. The representationsand warranties 			set forth in this Agreement, in the Related Documents,and in any document 			or certificate delivered to Lender under this Agreement      are true and correct. 			

**No Event of Default**. There shall not exist at  the time     of any 			Advance a condition which would constitute an Event of Default    under this 			Agreement or under any Related Document. 		

> **Organization**. Borrower is a corporation for profit     which 			is, and at all times shall be, duly organized, validly existing,     and in 			good standing under and by virtue of the laws of the Stateof   Ohio.  Borrower is duly authorized to transact business in all otherstates   in which Borrower is doing business, having obtained all necessaryfilings,   governmental licenses and approvals for each state in which Borroweris doing  business. Borrower 			maintains an office at 10514 DUPONT AVENUE,  CLEVELAND,  OH 44108.  Unless 			Borrower has designated otherwise in writing,  the principal  office  is the 			office at which Borrower keeps its books  and records including   its records 			concerning the Collateral. Borrower  will notify Lender prior    to any change 			in the location of Borrower's  state of organization or  any change in Borrower's 			name.  
**Assumed Business Names**. Borrower has filed or  recorded     all documents 			or filings required by law relating to all assumed business     names used 			by Borrower. Excluding the name of Borrower, the following    is a complete 			list of all assumed business names under which Borrower   does business: 			**None.**

**Authorization**. Borrower's execution, delivery, and performance     			of this Agreement and all the Related Documents have been duly authorized     			by all necessary action by Borrower and do not conflict with, result   in  			a violation of, or constitute a default under (1) any provisionof    (a) Borrower's  			articles of incorporation or organization, orbylaws,   code  of regulations,  			or (b) any agreement or other instrument binding   upon Borrower or (2) any law, 			governmental regulation, court decree, or  order applicable to Borrower  			or to Borrower's properties. 			

**Properties**. Except as contemplated by this Agreement      or as previously 			disclosed in Borrower's financial statements orin   writing   to Lender and 			as accepted by Lender, and except for property   tax liens   for taxes not 			presently due and payable, Borrower ownsand    has good title   to all of Borrower's 			properties free and clearof all    liens and security   interests, and has 			not executed any securitydocuments    or financing statements   relating to 			such properties. Allof Borrower's    properties are titled in Borrower's 			legal name, and Borrowerhas not  used  or filed a financing   statement under 			any other name forat least  the  last five (5) years. 		

> **Notices of Claims and Litigation**. Promptly inform     Lender 			in writing of (1) all material adverse changes in Borrower's  financial   			condition, and (2) all existing and all threatened litigation,  claims,   			investigations, administrative proceedings or similar actions  affecting   			Borrower or any Guarantor which could materially affect the  financial  condition 			of Borrower or the financial condition of any Guarantor.  
**Financial Records**. Maintain its books and records in     accordance 			with accounting principles acceptable to Lender, applied  on   a consistent 			basis, and permit Lender to examine and audit Borrower's     books and records 			at all reasonable times. 			

**Financial Statements**. Furnish Lender with such financial     statements 			and other related information at such frequencies and in  such   detail as 			Lender may reasonably request. 			

****
**Guaranties**. Prior to disbursement of any Loanproceeds,     furnish 			executed guaranties of the Loans in favor of Lender,executed    by the guarantor 			named below, on Lender's forms, and in theamount and    under the conditions 			set forth in those guaranties. 			             			   **Name of Guarantor****Amount****Supreme Electronics Corp.****Unlimited**
**Loan Proceeds**. Use all Loan proceeds solely for Borrower's     business 			operations, unless specifically consented to the contrary by   Lender in 			writing. 			

**Taxes, Charges and Liens**. Pay and discharge when due     all of its 			indebtedness and obligations, including without limitation     all assessments, 			taxes, governmental charges, levies and liens, of every    kind and nature, 			imposed upon Borrower or its properties, income, or  profits,   prior to the 			date on which penalties would attach, andall lawful claims   that, if unpaid, 			might become a lien or charge uponany of Borrower's  properties, income, 			or profits. 			

**Performance**. Perform and comply, in a timely  manner,     with all 			terms, conditions, and provisions set forth in this Agreement,      in the Related 			Documents, and in all other instruments and agreements     between Borrower 			and Lender. Borrower shall notify Lender immediately    in writing of any 			default in connection with any agreement. 			

**Operations**. Maintain executive and management  personnel     with 			substantially the same qualifications and experience as the present     executive 			and management personnel; provide written notice to Lender   of  any change 			in executive and management personnel; conduct its business     affairs in 			a reasonable and prudent manner. 			

**Compliance with Governmental Requirements**. Comply with     all laws, 			ordinances, and regulations, now or hereafter in effect, of   all governmental 			authorities applicable to the conduct of Borrower's  properties,   businesses 			and operations, and to the use or occupancyof  the Collateral,   including 			without limitation, the AmericansWith  Disabilities Act. Borrower   may contest 			in good faith any such law,ordinance,  			or regulation and   withhold compliance during any proceeding, 			including  appropriate appeals,   so long as Borrower has notified Lender 			in writing  prior to doing so and  so long as, in Lender's sole opinion, 			Lender's interests in the Collateral   are not jeopardized. Lender may require 			Borrower to post adequate security   or a surety bond, reasonably satisfactory 			to Lender, to protect Lender's   interest. 			       			****

**Inspection**. Permit employees or agents of Lender at any reasonable			time to inspect any and all Collateral for the Loan or Loans and Borrower's			other properties and to examine or audit Borrower's books, accounts, and			records and to make copies and memoranda of Borrower's books, accounts,			and records. If Borrower now or at any time hereafter maintains any records			(including without limitation computer generated records and computersoftware 			programs for the generation of such records) in the possessionof a third 			party, 

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|  | **EXHIBIT 10(a)(ii)Page 2** |
|--|-----------------------------|

****BUSINESS LOAN AGREEMENT****(Continued)****
> 
Borrower, upon request of Lender, shall notify such party to permit 			Lenderfree access to such records at all reasonable times and to provide 			Lenderwith copies of any records it may request, all at Borrower's expense. 		

**NEGATIVE COVENANTS**. Borrower covenants and agrees with Lender     		that while this Agreement is in effect, Borrower shall not, without the    		prior written consent of Lender: 		

> **Continuity of Operations**. (1) Engage in any business     			activities substantially different than those in which Borrower is presently    			engaged, (2) cease operations, liquidate, merge, transfer, acquire or   			consolidate 			with any other entity, change its name, dissolve or transfer   or sell Collateral 			out of the ordinary course of business, or (3) pay  any dividends on Borrower's 			stock (other than dividends payable  in its  stock), provided, however that 			notwithstanding the foregoing, but only  so long as no Event of Default 			has occurred and is continuing or would  result from the payment of dividends, 			if Borrower is a "Subchapter  S Corporation"   (as defined in the Internal 			Revenue Code of 1986, as amended), Borrower   may pay cash dividends on its 			stock to its shareholders from time to time  in amounts necessary to enable 			the shareholders topay income taxes and  make estimated income tax payments 			to satisfy theirliabilities under  federal and state law which arise solely 			from theirstatus as Shareholders   of a Subchapter S Corporation because 			of theirownership of shares of  Borrower's stock, or purchase or retire 			any ofBorrower's outstanding shares or alter or amend Borrower's capital 			structure.**Agreements**.  Borrower will not enter intoany   agreement    containing any provisions which would be violated or breached  by the performance    of Borrower's obligations under this Agreement orin  connection herewith.      

**RIGHT OF SETOFF**.  To the extent permitted by applicable      law, Lender 		reserves a right of setoff in all Borrower's accountswith     Lender (whether 		checking, savings, or some other account). Thisincludes     all accounts Borrower 		holds jointly with someone else andall accounts    Borrower may open in the 		future. However, this does notinclude any IRA    or Keogh accounts, or any 		trust accounts for which setoffwould be prohibited    by law. Borrower authorizes 		Lender, to the extentpermitted by applicable    law, to charge or setoff 		all sums owing on theIndebtedness against any    and all such accounts. 		

**DEFAULT**.  Each of the following shall constitute an      Event of Default 		under this Agreement: 		

> **Payment Default**.  Borrower fails to make      any payment 			when due under the Loan.  
**Other Default**.  Borrower fails to comply withany other term, 			obligation, covenant or condition contained in this Agreement      or in any 			of the Related Documents. 			

**False Statements**.  Any representation or statement      made by Borrower 			to Lender is false in any material respect. 			

**Insolvency**.  The dissolution or termination ofBorrower's existence 			as a going business, the insolvency of Borrower,      the appointment of a receiver 			for any part of Borrower's property,  any    assignment for the benefit of 			creditors, any type of creditorworkout,      or the commencement of any proceeding 			under any bankruptcyor insolvency      laws by or against Borrower. 			

**Creditor or Forfeiture Proceedings. ** 			 Commencement      of foreclosure 			or forfeiture proceedings, whether by judicial proceeding,      self-help, 			repossession 			or any other method , by any creditorof   Borrower   or by any governmental 			agency against any collateral securing   the Loan.   			

**Events Affecting Guarantor**.  Any of the preceding      events occurs 			with respect to any Guarantor of any of the Indebtedness      or any Guarantor 			dies or becomes incompetent, or revokes or disputes    the  validity of, or 			liability under, any Guaranty of the Indebtedness.    			

**Change in Ownership**.  Any change in ownershipof twenty-five percent 			(25%) or more of the common stock of Borrower.			

**Insecurity**.  Lender in good faith believes itself      insecure. 		

**ANNUAL AUDITED FINANCIAL STATEMENTS OF BORROWER**.  Borrower     shall furnish Lender with, as soon as available, but in no event later  than   one hundred twenty (120) days after the end of each fiscal year,Borrower's     financial statement, including a balance sheet and income statementfor   the  year ended, audited by an independent certified public accountantsatisfactory    to Lender.

**INTERIM FINANCIAL STATEMENTS**.  Borrower shall furnish Lenderwith, as soon as available, but in no event later than thirty (30) days afterthe end of each fiscal quarter, Borrower's financial statement, includinga balance sheet and income statement and statement of cash flow for the periodended, prepared by Borrower and certified by Borrower's president, chieffinancial officer or other officer or person acceptable to Lender as fairlyrepresenting Borrower's financial condition and results of operations asof the end of such period.

**TANGIBLE NET WORTH**.  Borrower shall maintain tangible net worthof not less than $7,500,000.00, as of the end of each fiscal quarter, beginningon September 30, 2005.

As used herein, "Tangible Net Worth" shall mean Borrower's net worth less   all intangible assets such as goodwill, trademarks, patents, copyrights,  organization expenses, and similar intangible items and amounts due from affiliates, subsidiaries, officers, employees and other related parties.

**DEBT TO TANGIBLE NET WORTH PLUS SUBORDINATED DEBT RATIO**.  Borrowershall maintain a ratio of Debt to Tangible Net Worth of  not more than1.00 : 1.00 as of the end of each fiscal quarter, beginning on September30, 2005. "Debt to Tangible Net Worth Ratio" means the ratio of Borrower'stotal liabilities to Borrower's tangible net worth plus unsubordinated debt.

**DEFINITIONS**.  The following capitalized words and terms shall      		have the following meanings when used in this Agreement. Unless specifically      		stated to the contrary, all references to dollar amounts shall mean  amounts    		in lawful money of the United States of America. Words andterms  used  in  		the singular shall include the plural, and the pluralshall include    the  		singular, as the context may require. Words and termsnot otherwise    defined  		in this Agreement shall have the meanings attributed to such  terms  in the  		Uniform Commercial Code. Accounting words andterms  not otherwise  defined  		in this Agreement shall have the meaningsassigned  to them in accordance  		with generally accepted accounting principlesas  in effect on the date 		of this Agreement: 		

> **Advance**.  The word "Advance" means a disbursement     of 			Loan funds made, or to be made, to Borrower or on Borrower's behalf     on 			a line of credit or multiple advance basis under the terms andconditions     			of this Agreement.****

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|  | **EXHIBIT 10(a)(ii)Page 3** |
|--|-----------------------------|

****BUSINESS LOAN AGREEMENT 					             					(Continued)****

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> 
**Agreement**.  The word "Agreement" means this Business      Loan Agreement, 			as this Business Loan Agreement may be amended or modified     from time to 			time, together with all exhibits and schedules attached   to  this Business 			Loan Agreement from time to time. 			

**Borrower**.  The word "Borrower" means HICKOK INCORPORATED     and includes all co-signers and co-makers signing the Note.  			

**Collateral**.  The word "Collateral" means all property     and assets 			granted as collateral security for a Loan, whether real or   personal property, 			whether granted directly or indirectly, whether granted   now or in the future, 			and whether granted in the form of asecurity  interest,    mortgage, collateral 			mortgage, deed of trust, assignment, pledge, crop    pledge, chattel mortgage, 			collateral chattel mortgage, chattel trust,    factor's lien, equipment trust, 			conditional sale, trust receipt, lien,     charge, lien or title retention 			contract, lease orconsignment intended     as a security device, or any other 			security orlien interest whatsoever,     whether created by law, contract, 			or otherwise.			

**Event of Default**.  The words "Event of Default"      mean any of the 			events of default set forth in this Agreement inthe    default  section of 			this Agreement. 			

**Grantor**.  The word "Grantor" means each and all      of the persons 			or entities granting a Security Interest in any Collateral      for the Loan, including without limitation all Borrowers granting such   a  Security  Interest. 			         

**Guarantor**.  The word "Guarantor" means any guarantor,      surety, 			or accommodation party of any or all of the Loan. 			

**Guaranty**.  The word "Guaranty" means the guaranty      from Guarantor 			to Lender, including without limitation a guaranty of   all  or part of the 			Note. 			

**Indebtedness**.  The word "Indebtedness" means the     indebtedness 			evidenced by the Note or Related Documents, including all    principal and interest together with all other indebtedness and costs and    			expenses for which Borrower is responsible under this Agreement or under    			any of the Related Documents. 			

**Lender**.  The word "Lender" means THE HUNTINGTON      NATIONAL BANK, 			its successors and assigns. 			

**Loan** 			.  The word "Loan" means any and all     loans  and financial accommodations 			from Lender to Borrower whether  now   or hereafter  existing, and however 			evidenced, including without  limitation   those loans  and financial accommodations 			described herein  or described   on any exhibit  or schedule attached to this 			Agreement from time to time.   			

**Note.**  			 The word "Note" means the promissory   noted dated February 28, 2004,  in 			the original principal amount  of 			**$1,000,000.00**from Borrower to Lender, together with all renewals of, extensions of, modifications of, refinancings 			of,    consolidations of, and substitutions for the promissory note or agreement.    			

**Related Documents**.  The words "Related Documents"      mean all promissory 			notes, credit agreements, loan agreements, environmental      agreements, guaranties, 			security agreements, mortgages, deeds oftrust,      security deeds, collateral 			mortgages, and all other instruments,agreements      and documents, whether 			now or hereafter existing, executedin connection      with the Loan. 			

**BORROWER:**             		  		             		  		

**HICKOK INCORPORATED******

**By: /s/ Robert L. Bauman****Robert L. Bauman,**  **President of HICKOK             INCORPORATED ****** 		  		****

**LENDER:****** 		  		**** 		  		****

**THE HUNTINGTON NATIONAL BANK******

**By: /s/ Kiley Smith  ****Authorized Signer**

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