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Small Loan Contract
Small Loan Contract
Tyler Lawson-Gunkel
1296 Kasba Ct,
Virginia Beach, VA 23464
Borrower Information
Casey Breeden, Seth Breeden
99 Rose St, Apt 3
Staunton, VA 24401
The Borrower(s), Casey and Seth Breeden, located at 99 Rose St, Apt 3, Staunton, VA 24401,
and (“Borrower”)
The Lender(s), Tyler Lawson-Gunkel, located at 1296 Kasba Ct, Virginia Beach, VA 23464
(“Lender”)
1. Loan Amount, Lender agrees to loan Borrower the principal sum of $1,100.00 (the
“Loan”), together with interest on the outstanding principal amount of the loan (the
“Principal Balance”), and in accordance with the terms set forth below.
__ Single Payment. The Loan together with accrued and unpaid interest and all other
charges, costs, expenses, is due and payable (Check one)
__ on demand of the lender
__ on or before April 31, 2022
X Regular Payments. The Loan together with accrued and unpaid interest and all other
charges, costs, and expenses is due and payable on or before April 31st, 2023. All payments
under this Agreement are applied first to accrued interest and then to the Principal Balance.
The Loan shall be payable in installments equal to $66.00. The first payment is due on May
18th, 2022 and due thereafter in 17 equal consecutive:
X Monthly installments. Each successive payment is due on the 18th day of the month
__ Quarterly installments. Each successive payment is due on the 18th day of the quarter
__ Semi-annual installments. Each successive payment is due on the 18th day of the half-
year
__ Annual installments. Each successive payment is due on the 18thday of the year.
3. Security (Check one)
__ The Loan is secured by collateral. Borrower agrees that until the loan together with
interest is paid in full, the Loan will be secured by __________________________________
and Borrower hereby grants to Lender a security interest in and to such property.