BUSINESS LOAN EXTENSION AGREEMENT

You have  requested an extension of the maturity date of your Loan from JPMorgan
Chase Bank,  NA, or its  predecessor  in  interest.  Pursuant  to that  request,
provided  you are not  otherwise  in  default  under the terms of the Loan,  the
maturity  date of the Loan is extended  three  months from the current  maturity
date.  All  other  terms and  conditions  of your  Loan  will  remain  the same,
including but not limited to payments. All rights described in the documentation
for the Loan are and remain binding in all respects.  This  extension  agreement
shall not release or affect the liability of any  guarantor,  surety or endorser
of the Loan,  or  release  any  security  interest  granted  by any owner of any
collateral  securing the Loan. This agreement is a modification  only, and not a
novation.

Each Borrower  continues to authorize any attorney at law to appear in an action
on the Loan,  as modified,  at any time after the same  becomes due,  whether by
acceleration  or otherwise,  in any court of record in or of the State where the
Loan was  executed,  or of  elsewhere,  and to waive the  issuing and service of
process against any or all Borrower, enter an appearance and to confess judgment
in favor of JPMorgan Chase Bank, NA, against any or all Borrowers for the amount
that may be due under the Loan, as modified, together with costs of suit, and to
release all errors and waive all rights of appeal and stay of execution from the
judgment  rendered.  After  the  judgment  is  entered  against  any one or more
Borrowers, the powers herein conferred may be exercised as to any one or more of
the other  Borrowers.  The death of any Borrower  shall not impair the authority
herein granted as to the survivor or survivors of such Borrower.

Failure  to comply  with any of the  requirements  as  stated in this  extension
agreement will nullify this request. JPMorgan Chase Bank, NA, shall not be bound
by  this   Agreement   until   JPMorgan   Chase  Bank,   NA,  has  executed  the
Acknowledgement and Agreement below.

Customer/Loan Number:               2626031526/F67 L 75 C 117

Borrower Name:                      Engineered Wire Products Inc.

Address:                            1200 N Warpole

City, State, Zip                    Upper Sandusky OH 43351


WARNING  - BY  SIGNING  THIS  PAPER YOU GIVE UP YOUR  RIGHT TO NOTICE  AND COURT
TRAIL.  IF YOU DO NOT PAY ON TIME A COURT  JUDGEMENT  MAY BE TAKEN  AGAINST  YOU
WITHOUT  YOUR PRIOR  KNOWLEDGE  AND THE POWERS OF A COURT CAN BE USED TO COLLECT
FROM YOU REGARDLESS OF ANY CLAIMS YOU MAY HAVE AGAINST THE CREDITOR  WHETHER FOR
RETURNED GOODS, FAULTY GOODS,  FAILURE ON HIS PART TO COMPLY WITH THE AGREEMENT,
OR ANY OTHER CAUSE.

Company Signature:  Bert E. Downing, Jr.     Title:  VP   Date:  6/18/04
  (authorized signature)

Company Signature:                           Title:       Date:
  (authorized signature)

Company Signature:                           Title:       Date:
  (authorized signature)

Company Signature:                           Title:       Date:
  (authorized signature)



ACKNOWLEDGEMENT AND AGREEMENT:

The  foregoing  Business Loan  Extension  Agreement Is hereby  acknowledged  and
agreed to this 18th day of June, 2004.

JPMorgan Chase Bank, NA

By:  Timothy P. Turnwald   Title:  V.P.