SIMPLE LOAN AGREEMENT
1. Parties: The undersigned is ______________________, the Borrower,
and the Lender is _______________________________________.
2. Date of Agreement: ______________________________________.
3. Promise
to Pay: Borrower promises
to pay
to Lender
_______________________ dollars ($_______) and interest.
4. Breakdown of Loan: Borrower will Pay
Amount of Loan: $__________
ANNUAL PERCENTAGE RATE____________%
5. Repayment: Borrower will pay back Loan plus interest as possible.
Agreed:
______________________
______________________
Borrower
Lender