Item 1.01 Entry into a Material Definitive Agreement

On March 8, 2021, Chee Corp., a Nevada corporation (the "Company"), advanced the amount of $25,000 to Klusman Family Holdings, LLC ("KFH"). The obligation to repay the advance was evidenced by a Promissory Note (the "Note") payable by KFH to the Company. The Note matures on June 30, 2021, is unsecured, bears interest at a rate of 10% per annum, and the unpaid principal and interest may be accelerated upon an event of default as defined thereunder. The proceeds of the advance are to be used by KFH toward the purchase of real property located in Gilbert, Arizona. Aaron Klusman is the sole member of KFH. Mr. Klusman is also Chief Executive Officer and Chairman of the Board of the Company.

The description of the Note is only a summary of the material terms of the Note, does not purport to be a complete description of the Note, and is qualified in its entirety by reference to the Note, which is filed as Exhibit 10.1 and incorporated herein by reference.

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