You can open the Loan Agreement Promissory Note Template in multiple formats, including PDF, Word, and Google Docs.
Loan Agreement Promissory Note Template Printable | Editable FormSample
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
This Promissory Note serves as a formal agreement between the Lender and the Borrower for a loan amount of [Loan Amount], to be repaid on or before [Maturity Date].
The Lender agrees to lend the Borrower a total amount of [Loan Amount].
The loan will incur an interest rate of [Interest Rate]% annually, calculated on the outstanding balance.
Payments will be made in [Monthly/Quarterly] installments of [Installment Amount] starting on [Payment Start Date].
In the event of a late payment, a late fee of [Late Fee] will be incurred after [Days Late] days past the due date.
The Borrower may prepay the loan in full or part at any time without penalty.
If the Borrower fails to make any payment due under this agreement, the Lender may declare the entire outstanding balance immediately due and payable.
This Promissory Note will be governed by the laws of [Jurisdiction].
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
This document constitutes a binding agreement for the loan in the amount of [Loan Amount], to be repaid in accordance with the terms set forth herein.
The principal amount of the loan is [Loan Amount], which the Borrower acknowledges receiving from the Lender.
The Borrower agrees to pay interest on the principal amount at an annual rate of [Interest Rate]%, plus any applicable fees as described herein.
Repayment will occur in [Monthly/Quarterly] installments of [Installment Amount], commencing on [Payment Start Date] and concluding by [Maturity Date].
In the event of default, the Lender has the right to collect all legal fees incurred in collecting the debt, and may exercise rights as allowed by law.
If any provision of this agreement is found to be unenforceable, the remaining provisions will continue in full force and effect.
Any amendment or modification of this agreement must be in writing and signed by both parties.
This agreement shall be governed by the laws of [Jurisdiction].
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
Form
Please complete the form below to create the Loan Agreement Promissory Note Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Loan Agreement Promissory Note Template 1. Lender Information 2. Borrower Information 3. Loan Details 4. Repayment Schedule 5. Purpose of Loan 6. Security for Loan 7. Default Terms 8. Governing Law 9. Signatures and Acceptance 10. Declaration and Signatures
PDF
WORD
Loan Agreement Promissory Note Template Printable | Editable FormPrintable
