CFN Enterprises Inc. (OTCPK:CNFN) announced private placement of a paycheck protection program promissory note for gross proceeds of $263,000 with Pacific Western Bank on May 6, 2020. The interest rate on the Loan is 1.0% per annum. The note matures on May 6, 2022. On December 1, 2020 and on the first day of each month thereafter until May 1, 2022, the company must make equal monthly payments of the amount of principal under the loan.