The principal amount of the Note, being $250,000, bears simple interest at a rate of 8% per annum, and the maturity date for the repayment thereof is April 19, 2025. Interest is to be paid quarterly.

Compliance Can’t afford to repay a promissory note? Here’s what could happen By Alan J. Foxman October 07, 2018, 9:42 p.m. EDT 3 Min Read ...