v3.25.1
LOAN PAYABLE
3 Months Ended
Mar. 31, 2025
Loan Payable  
LOAN PAYABLE

NOTE 7 – LOAN PAYABLE

 

The Company entered into a loan payable agreement in July 2024 in the amount of $360,000 with a lender. The loan has interest rate of 15.51% per annum. The loan is an fully amortizable loan with maturity of 18 months. The loan is secured by the Company’s merchant account receivables. Loan payable amount was $315,398 and $240,133 as of March 31, 2025 and December 31, 2024, respectively.