Common Contracts
1 similar Promissory Note/Loan Agreement contracts
Rural Community Assistance Corporation (Loan No. 1068-COPV-01) Promissory Note/Loan AgreementPromissory Note/Loan Agreement • September 8th, 2022
For value received the City of Placerville, a California Municipality, (hereafter referred to as “Borrower”) with its principal office at 3101 Center Street, Placerville, CA 95667 promises to pay to the order of Rural Community Assistance Corporation, a California nonprofit public benefit corporation (hereinafter referred to as “Lender”), at its principal place of business at 3120 Freeboard Drive, Suite 201, West Sacramento, CA 95691, or at such other place as the holder hereof may designate, the principal sum of One Million Five Hundred Forty Thousand Dollars and No Cents ($1,540,000.00) or such lesser amount as shall equal the aggregate amount disbursed to the Borrower by Lender together with interest on the unpaid principal computed from the date each disbursement is issued by Lender until repaid by the Borrower.
