August 29, 2023 Loop Media, Inc. Burbank, CA. 91505 ATTN: Jon Niermann, Chief Executive Officer EMAIL: jon@loop.tvExtension of Maturity Date • September 5th, 2023 • Loop Media, Inc. • Services-help supply services
RE: Extension of Maturity Date of that certain $2,200,000 Secured Non-Revolving Line of Credit Loan Agreement dated as of May 31, 2023 (the “Agreement”) by and between Loop Media, Inc. (the “Borrower”) and Excel Family Partners, LLLP (the “Lender”), and that certain $2,200,000 Secured Non-Revolving Line of Credit Promissory Note dated as of May 31, 2023 (the “Note”), issued by the Borrower to the Lender. All capitalized terms not defined herein shall have the meaning ascribed to them in the Agreement.
