Ceba Loan Agreement Sample Contracts

CEBA LOAN AGREEMENT TERMS AND CONDITIONS
Ceba Loan Agreement • February 2nd, 2021 • Saskatchewan

CEBA Loan Amount$60,000 (CAD) (the “CEBA Loan Amount” and together with the principal outstanding, applicable interest, costs, and any expenses incurred in connection therewith and provided for hereunder being, collectively, the “CEBA Loan”) Interest Rate:0% per annum during Initial Term5% per annum during the Extended Term, if applicable Initial TermFrom the day of advance of the CEBA Loan to December 31, 2022 Extended TermFrom January 1, 2023 to December 31, 2025

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ARTICLE I DEFINITIONS
Ceba Loan Agreement • November 21st, 2005 • Hydrogen Engine Center, Inc. • Metal mining • Iowa
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