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Note Receivable
9 Months Ended
Sep. 30, 2024
Note Receivable  
Note Receivable

Note 4 – Note Receivable

 

During September 2024, the Company entered into a loan agreement with WestPark Capital Group, LLC (“WestPark”), whereby the Company loaned WestPark $300,000. WestPark will repay the Company monthly payments of $12,500 plus interest on the unpaid balance beginning on December 1, 2024 and will continue over the next 23 months until the loan is paid in full. The interest rate on the loan is eight percent (8%).