Complex sentence: The plan is quite expensive and Gru seeks a loan from the Bank of Evil, where the president Mr. Perkins is impressed by the plan, but will only provide the money if Gru can obtain a shrink ray first.
Split into simpler sentences: The plan is quite expensive and Gru seeks a loan from the Bank of Evil. The Bank's president Mr. Perkins is impressed by the plan, but will only provide the money if Gru can obtain a shrink ray first.