Interest Information

Notes Payable at December $31,2023$ consisted of:

Foley Bank $-57,000,6\mathrm{.}5\%$ interest rate. Interest is paid on Feb $1^{st}$ of each year, principal

to be repaid on $\frac{2}{1}\frac{?}{2027}$

Northern bank $-110,000,8\%$ interest rate, Interest is paid on June ${30}^{th}$ of each year,

principal to be repaid on June $30,2025$

$\frac{7}{1}\frac{?}{2024}-$ The $$72,000$ note had an interest rate of $5\mathrm{.}5\%,$ will be repaid in $2$ years and interest is

paid annually on $\frac{6}{30}$ of each year.