EX-10.1
from 10-Q
6 pages
U.S. Small Business Administraion Note Sba Loan # 46472072-01 Legacy Loan # 4060003337 Sba Loan Name Red Violet, Inc. Date May 5, 2020 Loan Amount $2,152,145.00 Interest Rate 1.00% Borrower Red Violet, Inc. Operating Company Red Violet, Inc. Lender Legacy Bank of Florida 1. Promise to Pay: In Return for the Loan, Borrower Promises to Pay to the Order of Lender the Amount of $2,152,145.00 Dollars, Interest on the Unpaid Principal Balance, and All Other Amounts Required by This Note. 2. Definitions: “Collateral” Means Any Property Taken as Security for Payment of This Note or Any Guarantee of This Note. “Guarantor” Means Each Person or Entity That Signs a Guarantee of Payment of This Note. “Loan” Means the Loan Evidenced by This Note. “Loan Documents” Means the Documents Related to This Loan Signed by Borrower, Any Guarantor, or Anyone Who Pledges Collateral. “Sba” Means the Small Business Administration, an Agency of the United States of America. 3. Payment Terms: Borrower Must Make All Payments at the Place Lender Designates. the Payment Terms for This Note Are
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