| Item No. | 1 |
|---|---|
| Lender's Name | CARL KING |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 18074 |
| Balance Due | |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | NONE |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Farm - Van | 34,000 | |||
| Farm - Feed and Supplies | 2,709 | |||
| Mission Trip - Auto | 1,570 | |||
| Mission Trip - Hotels | 9,469 | |||
| Mission Trip - Covid Expenses | 1,080 | |||
| Mission Trip - Meals | 7,303 | |||
| Office and Postage | 754 | |||
| Medications | 866 | |||
| Special Projects -Farm Construction | 2,371 | |||
| Bibles | 260 | |||
| Farm - Administration | 126,469 | |||
| Farm - Insurance | 1,800 | |||
| Mission Trip - insurance | 4,787 | |||
| Mission Trip - Travel | 41,671 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|