LFTD Partners Inc. announced that on December 14, 2023, LIFD and its wholly owned subsidiary Lifted Made jointly borrowed a total of $3,910,000 from Surety Bank, DeLand, Florida, and Lifted Made closed on the purchase of its main operations building in Kenosha, WI for $1,375,000. Surety Bank made two five-year loans to LIFD and Lifted Made, as joint borrowers: a working capital loan of $3,000,000 at 9.5% annual interest, and a $910,000 loan at 10% annual interest, the net proceeds of which were used by Lifted Made to pay a portion of the $1,375,000 purchase price of Lifted Made's main operations building located at 5511 95th Ave., Kenosha, WI 53144. The two loans are cross collateralized by a first lien mortgage on the Kenosha building, and by a first lien security interest in all of the other assets owned by LIFD and Lifted Made, in favor of Surety Bank.
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5-day change | 1st Jan Change | ||
1 USD | +2.04% | -4.76% | -53.27% |
Apr. 01 | Transcript : LFTD Partners Inc., Q4 2023 Earnings Call, Apr 01, 2024 | |
Mar. 29 | LFTD Partners Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-53.27% | 14.66M | |
+1.00% | 148B | |
+0.28% | 19.29B | |
+5.54% | 5.38B | |
+57.08% | 2.07B | |
+2.18% | 1.86B | |
-8.95% | 1.62B | |
-24.54% | 1.25B | |
0.00% | 660M | |
+7.29% | 499M |
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- LFTD Partners Inc. and Its Wholly Owned Subsidiary Lifted Made Jointly Borrow A Total of $3,910,000 from Surety Bank