LOAN AGREEMENT

This is Loan Agreement is entered into ______ day of _________ 2023 by and between
(Lender) _________________________________________ with an address of
____________________________________ and ________________________________ ,
with an address of ______________________________ (Borrower), collectively “the Parties.”

TERMS OF REPAYMENT

1. Loan Amount
The Borrower agrees to repay ______
2. Interest Rate
Both Parties agree upon an interest rate of _______% that is to be acquired monthly.
3. Term
The Loan Term is of _______ years/months.
4. Terms of Repayment
The Borrower agrees to repay The Lender ________ amount on the ________ of every
month.
5. Surcharge
Late payment of the amortization within 2 weeks will be charged into 3%.

Principal Amount ___________

Interest ____________

Total ____________

The Parties agree to the terms and conditions set forth above as demonstrated by their
signatures as follows:

LENDER BORROWER

Signed: ____________ Signed: ______________

By: ________________ By: __________________
Date: ______________ Date: ________________

Co-Maker
Signed: _____________
By: ________________
Date: ______________