Loan Acknowledgment
Loan Acknowledgment
Date: November 19, 2050
Dear Pearl Bergna,
This document serves to confirm the loan agreement between [Your Company Name] and you. The loan amount of $15,000 has been disbursed, and the terms of repayment have been clearly defined.
The loan is due for full repayment by May 19, 2051, with an interest rate of 4.5% annually, as per the loan agreement. Any late payments will be subject to a penalty fee, and interest will continue to accrue.
For any inquiries or further assistance regarding the loan agreement, please do not hesitate to contact me at [Your Email].
This acknowledgment serves as the official documentation of our agreement, and we trust that you will adhere to the agreed-upon terms.
Sincerely,
[Your Name]
[Your Email]
[Your Company Name]