VPR Brands issues $200,002 in promissory notes to CEO Kevin Frija at 24% interest

VPR Brands, LP.

Two unsecured promissory notes for $100,001 each issued to CEO Kevin Frija on Jan 18 and Jan 19, 2022.
Interest rate 24% per annum; Holder may deduct $500 per business day via ACH until repaid.
Principal and accrued interest due Jan 18, 2023 (Jan 18 Note) and Jan 19, 2023 (Jan 19 Note).
Kevin Frija is Chairman, CEO, President, principal financial and accounting officer, and a significant stockholder.
Related-party transaction; proceeds received by company but no stated use beyond general working capital.

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