<PAGE>

Exhibit 10.7

                                      BUSINESS LOAN AGREEMENT
<TABLE>
<CAPTION>
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    Principal         Loan Date      Maturity        Loan No       Call / Coll      Account      Officer      Initials
  $2,500,000.00      03-20-2006                    8101011990      220 / 402                       ***
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  <S>                <C>             <C>           <C>             <C>              <C>          <C>          <C>
              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.
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Borrower:      FFD Financial Corporation (TIN: 34-1921148)    Lender:      THE HUNTINGTON NATIONAL BANK
               321 North Wooster Ave.                                      COMMERCIAL LOAN - NORTHERN REGION
               Dover, OH 44622                                             220 MARKET AVE., SOUTH
                                                                           CANTON, OH 44702
</TABLE>

===============================================================================

THIS BUSINESS LOAN AGREEMENT dated March 20, 2006, is made and executed between
FFD Financial Corporation ("Borrower") and THE HUNTINGTON NATIONAL BANK
("Lender") on the following terms and conditions. Borrower has received prior
commercial loans from Lender or has applied to Lender for a commercial loan or
loans or other financial accommodations, including those which may be described
on any exhibit or schedule attached to this Agreement ("Loan"). Borrower
understands and agrees that: (A) in granting, renewing, or extending any Loan,
Lender is relying upon Borrower's representations, warranties, and agreements
as set forth in this Agreement; (B) the granting, renewing, or extending of any
Loan by Lender at all times shall be subject to Lender's sole judgment and
discretion; and (C) all such Loans shall be and remain subject to the terms and
conditions of this Agreement.

TERM. This Agreement shall be effective as of March 20, 2006, 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 parties may 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) Security Agreements granting to Lender
      security interests in the Collateral; (3) financing statements and all
      other documents perfecting Lender's Security Interests; (4) evidence of
      insurance as required below; (5) together with all such Related Documents
      as Lender may require for the Loan; all in form and substance
      satisfactory to Lender 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 this Agreement, the Note and
      the Related Documents. In addition, Borrower shall have provided such
      other resolutions, authorizations, documents and 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 representations and 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.

REPRESENTATIONS AND WARRANTIES. Borrower represents and warrants to Lender, as
of the date of this Agreement, as of the date of each disbursement of loan
proceeds, as of the date of any renewal, extension or modification of any Loan,
and at all times any Indebtedness exists:

      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 State of Ohio. Borrower is duly
      authorized to transact business in all other states in which Borrower is
      doing business, having obtained all necessary filings, governmental
      licenses and approvals for each state in which Borrower is doing
      business. Specifically, Borrower is, and at all times shall be, duly
      qualified as a foreign corporation in all states in which the failure to
      so qualify would have a material adverse effect on its business or
      financial condition. Borrower has the full power and authority to own its
      properties and to transact the business in which it is presently engaged
      or presently proposes to engage. Borrower maintains an office at 321
      North Wooster Ave., Dover, OH 44622. 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. Borrower shall do all things necessary to preserve and to keep in
      full force and effect its existence, rights and privileges, and shall
      comply with all regulations, rules, ordinances, statutes, orders and
      decrees of any governmental or quasi-governmental authority or court
      applicable to Borrower and Borrower's business activities.

      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 provision of (a)
      Borrower's articles of incorporation or organization, or bylaws, 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.

      Financial Information. Each of Borrower's financial statements supplied
      to Lender truly and completely disclosed Borrower's financial condition
      as of the date of the statement, and there has been no material adverse
      change in Borrower's financial condition subsequent to the date of the
      most recent financial statement supplied to Lender. Borrower has no
      material contingent obligations except as disclosed in such financial
      statements.

      Legal Effect. This Agreement constitutes, and any instrument or agreement
      Borrower is required to give under this Agreement when delivered will
      constitute legal, valid, and binding obligations of Borrower enforceable
      against Borrower in accordance with their respective terms.

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

      Hazardous Substances. Except as disclosed to and acknowledged by Lender
      in writing, Borrower represents and warrants that: (1) During the period
      of Borrower's ownership of the Collateral, there has been no use,
      generation, manufacture, storage, treatment, disposal, release or
      threatened release of any Hazardous Substance by any person on, under,
      about or from any of the Collateral. (2) Borrower has no knowledge of, or
      reason to believe that there has been (a) any breach or violation of any
      Environmental Laws; (b) any use, generation, manufacture, storage,
      treatment, disposal, release or threatened release of any Hazardous
      Substance on, under, about or from the Collateral by any prior owners or
      occupants of any of the Collateral; or (c) any actual or threatened
      litigation or claims of any kind by any person relating to such matters.
      (3) Neither Borrower nor any tenant, contractor, agent or other
      authorized user of any of the Collateral shall use, generate,
      manufacture, store, treat, dispose of or release any Hazardous Substance
      on, under, about or from any of the Collateral; and any such activity
      shall be conducted in compliance with all applicable federal, state, and
      local laws, regulations, and ordinances, including without limitation all
      Environmental Laws. Borrower authorizes Lender and its agents to enter
      upon the Collateral to make such inspections and tests as Lender may deem
      appropriate to determine compliance of the Collateral with this section
      of the Agreement. Any inspections or tests made by Lender shall be at
      Borrower's expense and for Lender's purposes only and shall not be
      construed to create any responsibility or liability on the part of Lender
      to Borrower or to any other person. The representations and warranties
      contained herein are based on Borrower's due diligence in investigating
      the Collateral for hazardous waste and Hazardous Substances. Borrower
      hereby (1) releases and waives any future claims against Lender for
      indemnity or contribution in the event Borrower becomes liable for
      cleanup or other costs under any such laws, and (2) agrees to indemnify
      and hold harmless Lender against any and all claims, losses, liabilities,
      damages, penalties, and expenses which Lender may directly or indirectly
      sustain or suffer resulting from a breach of this section of the
      Agreement or as a consequence of any use, generation, manufacture,
      storage, disposal, release or threatened release of a hazardous waste or
      substance on the Collateral. The provisions of this section of the
      Agreement, including the obligation to indemnify, shall survive the
      payment of the Indebtedness and the termination, expiration or
      satisfaction of this Agreement and shall not be affected by Lender's
      acquisition of any interest in any of the Collateral, whether by
      foreclosure or otherwise.

      Litigation and Claims. No litigation, claim, investigation,
      administrative proceeding or similar action (including those for unpaid
      taxes) against Borrower is pending or threatened, and no other event has
      occurred which may materially adversely affect Borrower's financial
      condition or properties, other than litigation, claims, or other events,
      if any, that have been disclosed to and acknowledged by Lender in writing.
<PAGE>

                            BUSINESS LOAN AGREEMENT
Loan No: 8101011990               (Continued)                            Page 2
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      Taxes. To the best of Borrower's knowledge, all of Borrower's tax returns
      and reports that are or were required to be filed, have been filed, and
      all taxes, assessments and other governmental charges have been paid in
      full, except those presently being or to be contested by Borrower in good
      faith in the ordinary course of business and for which adequate reserves
      have been provided.

      Lien Priority. Unless otherwise previously disclosed to Lender in
      writing, Borrower has not entered into or granted any Security
      Agreements, or permitted the filing or attachment of any Security
      Interests on or affecting any of the Collateral directly or indirectly
      securing repayment of Borrower's Loan and Note, that would be prior or
      that may in any way be superior to Lender's Security Interests and rights
      in and to such Collateral.

      Binding Effect. This Agreement, the Note, all Security Agreements (if
      any), and all Related Documents are binding upon the signers thereof, as
      well as upon their successors, representatives and assigns, and are
      legally enforceable in accordance with their respective terms.

AFFIRMATIVE COVENANTS. Borrower covenants and agrees with Lender that, so long
as this Agreement remains in effect, Borrower will:

      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
      GAAP, 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 the following:

            Annual Statements. As soon as available, but in no event later than
            ninety (90) days after the end of each fiscal year, Borrower's
            balance sheet and income statement for the year ended, audited by a
            certified public accountant satisfactory to Lender.

            Interim Statements. As soon as available, but in no event later
            than 45 days after the end of each fiscal quarter, Borrower's
            balance sheet and profit and loss statement for the period ended,
            audited by a certified public accountant satisfactory to Lender.

            Additional Requirements. Quarterly, Borrower is required to submit
            statements of income, cash flow and retained earnings, certified as
            correct by one of its authorized agents.

            Annually, Borrower is required to submit a detailed financial
            statement including a balance sheet and statements of income, cash
            flow and retained earnings, audited by an independent certified
            public accountant of recognized standing acceptable to Lender.

      All financial reports required to be provided under this Agreement shall
      be prepared in accordance with GAAP, applied on a consistent basis, and
      certified by Borrower as being true and correct.

      Additional Information. Furnish such additional information and
      statements, as Lender may request from time to time.

      Financial Covenants and Ratios. Comply with the following covenants and
      ratios:

            Tangible Net Worth Requirements. Other Net Worth requirements are
            as follows: Tangible Net Worth. FFD Financial Corporation shall
            maintain Tangible Net Worth of not less than $11,000,000 at all
            times. This covenant to be tested quarterly.

            As used herein, "Tangible Net Worth" shall mean total assets less
            (a) total liabilities, (b) all intangible assets such as goodwill,
            trademarks, patents, copyrights, organization expenses, and similar
            intangible items and (c) amounts due from affiliates, subsidiaries,
            officers, employees and other related parties.

            Other Requirements. Non-Performing Assets to Total Assets, FFD
            Financial Corporation shall maintain non-performing assets to total
            assets of not more than 1.00% as of the end of each fiscal year.

            As used herein, "Non-Performing Assets" shall mean an account
            receivable owing to Borrower from a party (an "Account Debtor")
            more than 90 days past-due and those assets that are classified as
            non-accrual status.

            Borrowed Funds to Tangible Net Worth Ratio. FFD Financial
            Corporation shall maintain total liabilities to Tangible Net Worth
            of not more than 35% as of the end of each fiscal year.

            As used herein, " Borrowed Funds" shall mean the sum of all
            outstanding Indebtedness, including any current portion of long
            term debt and capital lease obligations.

            As used herein, "Tangible Net Worth" shall mean total assets less
            (a) total liabilities, (b) all intangible assets such as goodwill,
            trademarks, patents, copyrights, organization expenses, and similar
            intangible items and (c) amounts due from affiliates, subsidiaries,
            officers, employees and other related parties.

            Except as provided above, all computations made to determine
            compliance with the requirements contained in this paragraph shall
            be made in accordance with generally accepted accounting
            principles, applied on a consistent basis, and certified by
            Borrower as being true and correct.

      Insurance. Maintain fire and other risk insurance, public liability
      insurance, and such other insurance as Lender may require with respect to
      Borrower's properties and operations, in form, amounts, coverages and
      with insurance companies acceptable to Lender. Borrower, upon request of
      Lender, will deliver to Lender from time to time the policies or
      certificates of insurance in form satisfactory to Lender, including
      stipulations that coverages will not be cancelled or diminished without
      at least thirty (30) days prior written notice to Lender. Each insurance
      policy also shall include an endorsement providing that coverage in favor
      of Lender will not be impaired in any way by any act, omission or default
      of Borrower or any other person. In connection with all policies covering
      assets in which Lender holds or is offered a security interest for the
      Loans, Borrower will provide Lender with such lender's loss payable or
      other endorsements as Lender may require.

      Insurance Reports. Furnish to Lender, upon request of Lender, reports on
      each existing insurance policy showing such information as Lender may
      reasonably request, including without limitation the following: (1) the
      name of the insurer; (2) the risks insured; (3) the amount of the policy;
      (4) the properties insured; (5) the then current property values on the
      basis of which insurance has been obtained, and the manner of determining
      those values; and (6) the expiration date of the policy. In addition,
      upon request of Lender (however not more often than annually), Borrower
      will have an independent appraiser satisfactory to Lender determine, as
      applicable, the actual cash value or replacement cost of any Collateral.
      The cost of such appraisal shall be paid by Borrower.

      Other Agreements. Comply with all terms and conditions of all other
      agreements, whether now or hereafter existing, between Borrower and any
      other party and notify Lender immediately in writing of any default in
      connection with any other such agreements.

      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, and all lawful claims
      that, if unpaid, might become a lien or charge upon any 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.

      Environmental Studies. Promptly conduct and complete, at Borrower's
      expense, all such investigations, studies, samplings and testings as may
      be requested by Lender or any governmental authority relative to any
      substance, or any waste or by-product of any substance defined as toxic
      or a hazardous substance under applicable federal, state, or local law,
      rule, regulation, order or directive, at or affecting any property or any
      facility owned, leased or used by Borrower.

      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 occupancy of the
      Collateral, including without limitation, the Americans With 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
<PAGE>

                            BUSINESS LOAN AGREEMENT
Loan No: 8101011990               (Continued)                            Page 3
-------------------------------------------------------------------------------

      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
      computer software programs for the generation of such records) in the
      possession of a third party, Borrower, upon request of Lender, shall
      notify such party to permit Lender free access to such records at all
      reasonable times and to provide Lender with copies of any records it may
      request, all at Borrower's expense.

      Compliance Certificates. Unless waived in writing by Lender, provide
      Lender at least annually, with a certificate executed by Borrower's chief
      financial officer, or other officer or person acceptable to Lender,
      certifying that the representations and warranties set forth in this
      Agreement are true and correct as of the date of the certificate and
      further certifying that, as of the date of the certificate, no Event of
      Default exists under this Agreement.

      Environmental Compliance and Reports. Borrower shall comply in all
      respects with any and all Environmental Laws; not cause or permit to
      exist, as a result of an intentional or unintentional action or omission
      on Borrower's part or on the part of any third party, on property owned
      and/or occupied by Borrower, any environmental activity where damage may
      result to the environment, unless such environmental activity is pursuant
      to and in compliance with the conditions of a permit issued by the
      appropriate federal, state or local governmental authorities; shall
      furnish to Lender promptly and in any event within thirty (30) days after
      receipt thereof a copy of any notice, summons, lien, citation, directive,
      letter or other communication from any governmental agency or
      instrumentality concerning any intentional or unintentional action or
      omission on Borrower's part in connection with any environmental activity
      whether or not there is damage to the environment and/or other natural
      resources.

      Additional Assurances. Make, execute and deliver to Lender such
      promissory notes, mortgages, deeds of trust, security agreements,
      assignments, financing statements, instruments, documents and other
      agreements as Lender or its attorneys may reasonably request to evidence
      and secure the Loans and to perfect all Security Interests.

LENDER'S EXPENDITURES. If any action or proceeding is commenced that would
materially affect Lender's interest in the Collateral or if Borrower fails to
comply with any provision of this Agreement or any Related Documents, including
but not limited to Borrower's failure to discharge or pay when due any amounts
Borrower is required to discharge or pay under this Agreement or any Related
Documents, Lender on Borrower's behalf may (but shall not be obligated to) take
any action that Lender deems appropriate, including but not limited to
discharging or paying all taxes, liens, security interests, encumbrances and
other claims, at any time levied or placed on any Collateral and paying all
costs for insuring, maintaining and preserving any Collateral. All such
expenditures incurred or paid by Lender for such purposes will then bear
interest at the rate charged under the Note from the date incurred or paid by
Lender to the date of repayment by Borrower. All such expenses will become a
part of the Indebtedness and, at Lender's option, will (A) be payable on
demand; (B) be added to the balance of the Note and be apportioned among and be
payable with any installment payments to become due during either (1) the term
of any applicable insurance policy; or (2) the remaining term of the Note; or
(C) be treated as a balloon payment which will be due and payable at the Note's
maturity.

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:

      Indebtedness and Liens. (1) Except for trade debt incurred in the normal
      course of business and indebtedness to Lender contemplated by this
      Agreement, create, incur or assume indebtedness for borrowed money,
      including capital leases, (2) sell, transfer, mortgage, assign, pledge,
      lease, grant a security interest in, or encumber any of Borrower's assets
      (except as allowed as Permitted Liens), or (3) sell with recourse any of
      Borrower's accounts, except to Lender.

      Additional Financial Restrictions. Borrower and its subsidiary to remain
      Well Capitalized per regulatory definition.

      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 to pay income taxes and make estimated income tax payments
      to satisfy their liabilities under federal and state law which arise
      solely from their status as Shareholders of a Subchapter S Corporation
      because of their ownership of shares of Borrower's stock, or purchase or
      retire any of Borrower's outstanding shares or alter or amend Borrower's
      capital structure.

      Loans, Acquisitions and Guaranties. (1) Loan, invest in or advance money
      or assets to any other person, enterprise or entity, (2) purchase, create
      or acquire any interest in any other enterprise or entity, or (3) incur
      any obligation as surety or guarantor other than in the ordinary course
      of business.

      Agreements. Borrower will not enter into any agreement containing any
      provisions which would be violated or breached by the performance of
      Borrower's obligations under this Agreement or in connection herewith.

CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to
Borrower, whether under this Agreement or under any other agreement, Lender
shall have no obligation to make Loan Advances or to disburse Loan proceeds if:
(A) Borrower or any Guarantor is in default under the terms of this Agreement
or any of the Related Documents or any other agreement that Borrower or any
Guarantor has with Lender; (B) Borrower or any Guarantor dies, becomes
incompetent or becomes insolvent, files a petition in bankruptcy or similar
proceedings, or is adjudged a bankrupt; (C) there occurs a material adverse
change in Borrower's financial condition, in the financial condition of any
Guarantor, or in the value of any Collateral securing any Loan; or (D) any
Guarantor seeks, claims or otherwise attempts to limit, modify or revoke such
Guarantor's guaranty of the Loan or any other loan with Lender; or (E) Lender
in good faith deems itself insecure, even though no Event of Default shall have
occurred.

RIGHT OF SETOFF. To the extent permitted by applicable law, Lender reserves a
right of setoff in all Borrower's accounts with Lender (whether checking,
savings, or some other account). This includes all accounts Borrower holds
jointly with someone else and all accounts Borrower may open in the future.
However, this does not include any IRA or Keogh accounts, or any trust accounts
for which setoff would be prohibited by law. Borrower authorizes Lender, to the
extent permitted by applicable law, to charge or setoff all sums owing on the
Indebtedness against any and all such accounts, and, at Lender's option, to
administratively freeze all such accounts to allow Lender to protect Lender's
charge and setoff rights provided in this paragraph.

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 Defaults. Borrower fails to comply with or to perform any other
      term, obligation, covenant or condition contained in this Agreement or in
      any of the Related Documents or to comply with or to perform any term,
      obligation, covenant or condition contained in any other agreement
      between Lender and Borrower.

      Default in Favor of Third Parties. Borrower or any Grantor defaults under
      any loan, extension of credit, security agreement, purchase or sales
      agreement, or any other agreement, in favor of any other creditor or
      person that may materially affect any of Borrower's or any Grantor's
      property or Borrower's or any Grantor's ability to repay the Loans or
      perform their respective obligations under this Agreement or any of the
      Related Documents.

      False Statements. Any warranty, representation or statement made or
      furnished to Lender by Borrower or on Borrower's behalf under this
      Agreement or the Related Documents is false or misleading in any material
      respect, either now or at the time made or furnished or becomes false or
      misleading at any time thereafter.

      Insolvency. The dissolution or termination of Borrower'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 creditor workout, or the commencement of any
      proceeding under any bankruptcy or insolvency laws by or against
      Borrower.

      Defective Collateralization. This Agreement or any of the Related
      Documents ceases to be in full force and effect (including failure of any
      collateral document to create a valid and perfected security interest or
      lien) at any time and for any reason.

      Creditor or Forfeiture Proceedings. Commencement of foreclosure or
      forfeiture proceedings, whether by judicial proceeding, self-help,
      repossession or any other method, by any creditor of Borrower or by any
      governmental agency against any collateral securing the Loan. This
      includes a garnishment of any of Borrower's accounts, including deposit
      accounts, with Lender. However, this Event of Default shall not apply if
      there is a good faith dispute by Borrower as to the validity or
      reasonableness of the claim which is the basis of the creditor or
      forfeiture proceeding and if Borrower gives Lender written notice of the
      creditor or forfeiture proceeding and deposits with Lender monies or a
      surety bond for the creditor or forfeiture proceeding, in an amount
      determined by Lender, in its sole discretion, as being an adequate
      reserve or bond for the dispute.
<PAGE>

                            BUSINESS LOAN AGREEMENT
Loan No: 8101011990               (Continued)                            Page 4
-------------------------------------------------------------------------------

      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 ownership of twenty-five percent (25%)
      or more of the common stock of Borrower.

      Adverse Change. A material adverse change occurs in Borrower's financial
      condition, or Lender believes the prospect of payment or performance of
      the Loan is impaired.

      Insecurity. Lender in good faith believes itself insecure.

EFFECT OF AN EVENT OF DEFAULT. If any Event of Default shall occur, except
where otherwise provided in this Agreement or the Related Documents, all
commitments and obligations of Lender under this Agreement or the Related
Documents or any other agreement immediately will terminate (including any
obligation to make further Loan Advances or disbursements), and, at Lender's
option, all Indebtedness immediately will become due and payable, all without
notice of any kind to Borrower, except that in the case of an Event of Default
of the type described in the "Insolvency" subsection above, such acceleration
shall be automatic and not optional. In addition, Lender shall have all the
rights and remedies provided in the Related Documents or available at law, in
equity, or otherwise. Except as may be prohibited by applicable law, all of
Lender's rights and remedies shall be cumulative and may be exercised
singularly or concurrently. Election by Lender to pursue any remedy shall not
exclude pursuit of any other remedy, and an election to make expenditures or to
take action to perform an obligation of Borrower or of any Grantor shall not
affect Lender's right to declare a default and to exercise its rights and
remedies.

ATTORNEYS' FEES; EXPENSES. Borrower agrees to pay upon demand all of Lender's
costs and expenses, including Lender's reasonable attorneys' fees and Lender's
legal expenses, incurred in connection with the enforcement of this Agreement.
Lender may hire or pay someone else to help enforce this Agreement, and
Borrower shall pay the costs and expenses of such enforcement. Costs and
expenses include Lender's reasonable attorneys' fees and legal expenses whether
or not there is a lawsuit, including attorneys' fees and legal expenses for
bankruptcy proceedings (including efforts to modify or vacate any automatic
stay or injunction), appeals, and any anticipated post-judgment collection
services. Borrower also shall pay all court costs and such additional fees as
may be directed by the court.

MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of
this Agreement:

      Amendments. This Agreement, together with any Related Documents,
      constitutes the entire understanding and agreement of the parties as to
      the matters set forth in this Agreement. No alteration of or amendment to
      this Agreement shall be effective unless given in writing and signed by
      the party or parties sought to be charged or bound by the alteration or
      amendment.

      Expenses. If Lender institutes any suit or action to enforce any of the
      terms of this Agreement, Lender shall be entitled to recover such sum as
      the court may adjudge reasonable. Whether or not any court action is
      involved, and to the extent not prohibited by law, all reasonable
      expenses Lender incurs that in Lender's opinion are necessary at any time
      for the protection of its interest or the enforcement of its rights shall
      become a part of the Loan payable on demand and shall bear interest at
      the Note rate from the date of the expenditure until repaid. Expenses
      covered by this paragraph include, without limitation, however subject to
      any limits under applicable law, Lender's expenses for bankruptcy
      proceedings (including efforts to modify or vacate any automatic stay or
      injunction), appeals, and any anticipated post-judgment collection
      services, to the extent permitted by applicable law. Borrower also will
      pay any court costs, in addition to all other sums provided by law.

      Caption Headings. Caption headings in this Agreement are for convenience
      purposes only and are not to be used to interpret or define the
      provisions of this Agreement.

      Consent to Loan Participation. Borrower agrees and consents to Lender's
      sale or transfer, whether now or later, of one or more participation
      interests in the Loan to one or more purchasers, whether related or
      unrelated to Lender. Lender may provide, without any limitation
      whatsoever, to any one or more purchasers, or potential purchasers, any
      information or knowledge Lender may have about Borrower or about any
      other matter relating to the Loan, and Borrower hereby waives any rights
      to privacy Borrower may have with respect to such matters. Borrower
      additionally waives any and all notices of sale of participation
      interests, as well as all notices of any repurchase of such participation
      interests. Borrower also agrees that the purchasers of any such
      participation interests will be considered as the absolute owners of such
      interests in the Loan and will have all the rights granted under the
      participation agreement or agreements governing the sale of such
      participation interests. Borrower further waives all rights of offset or
      counterclaim that it may have now or later against Lender or against any
      purchaser of such a participation interest and unconditionally agrees
      that either Lender or such purchaser may enforce Borrower's obligation
      under the Loan irrespective of the failure or insolvency of any holder of
      any interest in the Loan. Borrower further agrees that the purchaser of
      any such participation interests may enforce its interests irrespective
      of any personal claims or defenses that Borrower may have against Lender.

      Governing Law. This Agreement will be governed by federal law applicable
      to Lender and, to the extent not preempted by federal law, the laws of
      the State of Ohio without regard to its conflicts of law provisions. This
      Agreement has been accepted by Lender in the State of Ohio.

      Choice of Venue. If there is a lawsuit, Borrower agrees upon Lender's
      request to submit to the jurisdiction of the courts of STARK County,
      State of Ohio.

      No Waiver by Lender. Lender shall not be deemed to have waived any rights
      under this Agreement unless such waiver is given in writing and signed by
      Lender. No delay or omission on the part of Lender in exercising any
      right shall operate as a waiver of such right or any other right. A
      waiver by Lender of a provision of this Agreement shall not prejudice or
      constitute a waiver of Lender's right otherwise to demand strict
      compliance with that provision or any other provision of this Agreement.
      No prior waiver by Lender, nor any course of dealing between Lender and
      Borrower, or between Lender and any Grantor, shall constitute a waiver of
      any of Lender's rights or of any of Borrower's or any Grantor's
      obligations as to any future transactions. Whenever the consent of Lender
      is required under this Agreement, the granting of such consent by Lender
      in any instance shall not constitute continuing consent to subsequent
      instances where such consent is required and in all cases such consent
      may be granted or withheld in the sole discretion of Lender.

      Notices. Any notice required to be given under this Agreement shall be
      given in writing, and shall be effective when actually delivered, when
      actually received by telefacsimile (unless otherwise required by law),
      when deposited with a nationally recognized overnight courier, or, if
      mailed, when deposited in the United States mail, as first class,
      certified or registered mail postage prepaid, directed to the addresses
      shown near the beginning of this Agreement. Any party may change its
      address for notices under this Agreement by giving formal written notice
      to the other parties, specifying that the purpose of the notice is to
      change the party's address. For notice purposes, Borrower agrees to keep
      Lender informed at all times of Borrower's current address. Unless
      otherwise provided or required by law, if there is more than one
      Borrower, any notice given by Lender to any Borrower is deemed to be
      notice given to all Borrowers.

      Severability. If a court of competent jurisdiction finds any provision of
      this Agreement to be illegal, invalid, or unenforceable as to any
      circumstance, that finding shall not make the offending provision
      illegal, invalid, or unenforceable as to any other circumstance. If
      feasible, the offending provision shall be considered modified so that it
      becomes legal, valid and enforceable. If the offending provision cannot
      be so modified, it shall be considered deleted from this Agreement.
      Unless otherwise required by law, the illegality, invalidity, or
      unenforceability of any provision of this Agreement shall not affect the
      legality, validity or enforceability of any other provision of this
      Agreement.

      Subsidiaries and Affiliates of Borrower. To the extent the context of any
      provisions of this Agreement makes it appropriate, including without
      limitation any representation, warranty or covenant, the word "Borrower"
      as used in this Agreement shall include all of Borrower's subsidiaries
      and affiliates. Notwithstanding the foregoing however, under no
      circumstances shall this Agreement be construed to require Lender to make
      any Loan or other financial accommodation to any of Borrower's
      subsidiaries or affiliates.

      Successors and Assigns. All covenants and agreements by or on behalf of
      Borrower contained in this Agreement or any Related Documents shall bind
      Borrower's successors and assigns and shall inure to the benefit of
      Lender and its successors and assigns. Borrower shall not, however, have
      the right to assign Borrower's rights under this Agreement or any
      interest therein, without the prior written consent of Lender.

      Survival of Representations and Warranties. Borrower understands and
      agrees that in extending Loan Advances, Lender is relying on all
      representations, warranties, and covenants made by Borrower in this
      Agreement or in any certificate or other instrument delivered by Borrower
      to Lender under this Agreement or the Related Documents. Borrower further
      agrees that regardless of any investigation made by Lender, all such
      representations, warranties and covenants will survive the extension of
      Loan Advances and delivery to Lender of the Related Documents, shall be
      continuing in nature, shall be deemed made and redated by Borrower at the
      time each Loan Advance is made, and shall remain in full force and effect
      until such time as Borrower's Indebtedness shall be paid in full, or
      until this Agreement shall be terminated in the manner provided above,
      whichever is the last to occur.

      Time is of the Essence. Time is of the essence in the performance of this
      Agreement.

      Waive Jury. All parties to this Agreement hereby waive the right to any
      jury trial in any action, proceeding, or counterclaim brought by any
      party against any other party.

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 and terms
<PAGE>

                            BUSINESS LOAN AGREEMENT
Loan No: 8101011990               (Continued)                            Page 5
-------------------------------------------------------------------------------

used in the singular shall include the plural, and the plural shall include the
singular, as the context may require. Words and terms not otherwise defined in
this Agreement shall have the meanings attributed to such terms in the Uniform
Commercial Code. Accounting words and terms not otherwise defined in this
Agreement shall have the meanings assigned to them in accordance with generally
accepted accounting principles as 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 and conditions of this Agreement.

      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 FFD Financial Corporation and
      includes all co-signers and co-makers signing the Note and all their
      successors and assigns.

      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 a security 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 or consignment intended as a
      security device, or any other security or lien interest whatsoever,
      whether created by law, contract, or otherwise.

      Environmental Laws. The words "Environmental Laws" mean any and all
      state, federal and local statutes, regulations and ordinances relating to
      the protection of human health or the environment, including without
      limitation the Comprehensive Environmental Response, Compensation, and
      Liability Act of 1980, as amended, 42 U.S.C. Section 9601, et seq.
      ("CERCLA"), the Superfund Amendments and Reauthorization Act of 1986,
      Pub. L. No. 99-499 ("SARA"), the Hazardous Materials Transportation Act,
      49 U.S.C. Section 1801, et seq., the Resource Conservation and Recovery
      Act, 42 U.S.C. Section 6901, et seq., or other applicable state or
      federal laws, rules, or regulations adopted pursuant thereto.

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

      GAAP. The word "GAAP" means generally accepted accounting principles.

      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.

      Hazardous Substances. The words "Hazardous Substances" mean materials
      that, because of their quantity, concentration or physical, chemical or
      infectious characteristics, may cause or pose a present or potential
      hazard to human health or the environment when improperly used, treated,
      stored, disposed of, generated, manufactured, transported or otherwise
      handled. The words "Hazardous Substances" are used in their very broadest
      sense and include without limitation any and all hazardous or toxic
      substances, materials or waste as defined by or listed under the
      Environmental Laws. The term "Hazardous Substances" also includes,
      without limitation, petroleum and petroleum by-products or any fraction
      thereof and asbestos.

      Indebtedness. The word "Indebtedness" means all debt of whatever kind or
      nature owed by Grantor to Lender, including but not limited to all
      principal, interest, and other amounts, costs and expenses payable under
      the Note or Related Documents, together with all renewals of, extensions
      of, modifications of, consolidations of and substitutions for the Note or
      Related Documents and any amounts expended or advanced by Lender to
      discharge Grantor's obligations or expenses incurred by Lender to enforce
      Grantor's obligations under this document, together with interest on such
      amounts as provided in this document.

      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 Note executed by FFD Financial
      Corporation in the principal amount of $2,500,000.00 dated March 20,
      2006, together with all renewals of, extensions of, modifications of,
      refinancings of, consolidations of, and substitutions for the note or
      credit agreement.

      Permitted Liens. The words "Permitted Liens" mean (1) liens and security
      interests securing Indebtedness owed by Borrower to Lender; (2) liens for
      taxes, assessments, or similar charges either not yet due or being
      contested in good faith; (3) liens of materialmen, mechanics,
      warehousemen, or carriers, or other like liens arising in the ordinary
      course of business and securing obligations which are not yet delinquent;
      (4) purchase money liens or purchase money security interests upon or in
      any property acquired or held by Borrower in the ordinary course of
      business to secure indebtedness outstanding on the date of this Agreement
      or permitted to be incurred under the paragraph of this Agreement titled
      "Indebtedness and Liens"; (5) liens and security interests which, as of
      the date of this Agreement, have been disclosed to and approved by the
      Lender in writing; and (6) those liens and security interests which in
      the aggregate constitute an immaterial and insignificant monetary amount
      with respect to the net value of Borrower's assets.

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

      Security Agreement. The words "Security Agreement" mean and include
      without limitation any agreements, promises, covenants, arrangements,
      understandings or other agreements, whether created by law, contract, or
      otherwise, evidencing, governing, representing, or creating a Security
      Interest.

      Security Interest. The words "Security Interest" mean, without
      limitation, any and all types of collateral security, present and future,
      whether in the form of a lien, charge, encumbrance, mortgage, deed of
      trust, security deed, assignment, pledge, crop pledge, chattel mortgage,
      collateral chattel mortgage, chattel trust, factor's lien, equipment
      trust, conditional sale, trust receipt, lien or title retention contract,
      lease or consignment intended as a security device, or any other security
      or lien interest whatsoever whether created by law, contract, or
      otherwise.

BORROWER ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS BUSINESS LOAN
AGREEMENT AND BORROWER AGREES TO ITS TERMS. THIS BUSINESS LOAN AGREEMENT IS
DATED MARCH 20, 2006.


BORROWER:


By: /s/Trent B. Troyer                    By: /s/ Robert R. Gerber
    --------------------------------          ---------------------------------
    Trent B. Troyer                           Robert R. Gerber
    President & CEO of FFD Financial          Vice President of FFD Financial
    Corporation                               Corporation


LENDER:

THE HUNTINGTON NATIONAL BANK


By: /s/ Chad Johnson
    --------------------------------
    Authorized Signer