Loan Repayment Letter to Employee
Loan Repayment Letter to Employee
September 3, 2050
Barry Morar
Charlotte, NC 28202
Dear Barry Morar,
We are writing to you regarding the loan you availed from our organization, [Your Company Name]. According to our records, the loan was sanctioned to you on March 15, 2049, with repayment scheduled to commence on April 1, 2050.
As of September 3, 2050, there remains an outstanding balance of $15,750 on your loan account. It is crucial that you fulfill this obligation in accordance with the terms agreed upon during the loan's sanctioning.
We kindly urge you to arrange for the payment at your earliest convenience to avoid any late charges or penalties, as outlined in our company's policies.
Should you encounter any difficulties in repayment or have any questions regarding your loan account, please do not hesitate to contact us. Our team is available to discuss repayment options and provide assistance to help you meet your financial commitments.
We look forward to your prompt response.
Sincerely,
[Your Name]
Loan Officer, [Your Company Name]
[Your Email]
