OrangeHook, Inc. (OTCPK:ORHK) announced that it has entered into a material definitive agreement of commercial promissory note for gross proceeds of $659,000 on March 7, 2018. The transaction included participation from returning lender, MEZ Capital, LLC. The company will pay interest of $42,835 on the note. The note will mature on May 10, 2018. The company has paid a loan discount fee of $49,130. The note will carry interest rate of 4% per annum.