2050 Motors, Inc. Third Party Debt Schedule as of September 2020
Contract Categories:
Business Finance
›
Note Agreements
Summary
This document lists the outstanding debt obligations of 2050 Motors, Inc. to various third-party lenders, including Auctus, Crown Bridge, PowerUp, Jabro, Tri-Bridge, and GS Capital. It details the amount borrowed, interest rates, funding dates, maturity dates, and the total balance owed. The schedule provides a summary of the company's loan agreements, specifying key terms such as principal amounts and interest rates for each note, with a total debt balance of $223,544 as of the reporting date.
EX-10.2 4 ex10-2.htm
2050 Motors, Inc,
Third Party Debt Schedule
| Funded | Maturity | Balance | Interest | |||||||||||
| Note #1 | Auctus | 01/06/17 | 02/06/18 | $ | 58,072 | 22.0 | % | |||||||
| Note #2 | Crown Bridge | 09/15/17 | 09/15/18 | 5,422 | 10.0 | % | ||||||||
| Note #3 | PowerUp 8 | 04/27/18 | 02/15/19 | 2,350 | 22.0 | % | ||||||||
| Note #4 | Jabro 1 | 07/23/18 | 04/30/19 | 21,000 | 12.0 | % | ||||||||
| Note #5 | Jabro 2 | 10/01/18 | 07/15/19 | 11,500 | 12.0 | % | ||||||||
| Note #6 | PowerUp 9 | 11/01/18 | 08/30/19 | 14,700 | 12.0 | % | ||||||||
| Note #7 | PowerUp 10 | 03/08/19 | 01/15/20 | 28,000 | 12.0 | % | ||||||||
| Note #8 | Tri-Bridge | 03/15/19 | 09/15/19 | 12,500 | 12.0 | % | ||||||||
| Note #9 | PowerUp 11 | 07/09/19 | 04/30/20 | 35,000 | 12.0 | % | ||||||||
| Note #10 | GS Capital | 09/06/19 | 09/06/20 | 35,000 | 8.0 | % | ||||||||
| TOTAL | $ | 223,544 | ||||||||||||
