CEBA TERM LOAN AGREEMENTCeba Term Loan Agreement • April 15th, 2020
Loan Amount $40,000 Interest Rate 0% per annum during Initial Term 5% per annum during Extended Term First Interest Payment Date January 31, 2023 Initial Term Date December 31, 2022 Extended Term Date December 31, 2025 Frequency of Interest Payments Monthly
CEBA TERM LOAN AGREEMENTCeba Term Loan Agreement • April 13th, 2020
During the Extended Term, you will be required to pay interest on the Loan, on a monthly basis, commencing on the First Interest Payment Date (or such other date as may be agreed by the Bank). On the Extended Term Date, you will repay the balance, if any, of the Loan in full.
