Melvin Blank, age 57, is chief executive officer of Animated Incorporated. Animated's shares trade on the New York stock exchange. Melvin borrow $100,000 from Animated to purchase a house in connection with a required work transfer from Animated's offices in New York to its offices in Los Angles. Assume that the applicable federal rate for the year one of the loan is 6 percent but that American only charges 2 percent. Classify the loan.