| Item No. | 1 |
|---|---|
| Lender's Name | SBA |
| Lender's Title | SBA |
| Relationship to Insider | None |
| Original Amount of Loan | 96,900 |
| Balance Due | 96,900 |
| Date of Note | 2020-06 |
| Maturity Date | 2050-06 |
| Repayment Terms | 30 Years |
| Interest Rate | 2.750000000000 |
| Security Provided by Borrower | Owner Signature and Assets of Mission Fulfilled 2030 |
| Purpose of Loan | Business Continuity during the Pandemic |
| Description of Lender Consideration | The Collateral in which this security interest is granted |
| Consideration FMV | 96900 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll & accounting Software fees | 1,484 | 0 | 0 | 0 |
| Marketing & Training | 12,213 | 0 | 0 | 0 |
| Payroll fees | 197 | 0 | 0 | 0 |
| Bank fees Paypal Fees & other fees | 375 | 0 | 0 | 0 |
| Program Cost | 7,475 | 0 | 0 | 0 |
| office supplies & other expenses | 867 | 0 | 0 | 0 |
| interest expense | 1,400 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Interest accrued on EIDL & payroll liabilities | 0 | 1,371 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll Taxes | 2,125 | 0 | 0 | 0 |