---
schema_version: "secwatch.filing_event.v1"
accession: "0000891092-22-000244"
form_type: "8-K"
ticker: "VPRB"
cik: "0001376231"
company_name: "VPR Brands, LP."
filed_at: "2022-01-31T23:59:59+00:00"
generated_at: "2026-06-27T13:28:59.599065+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# VPR Brands borrows $100k from CEO at 24% interest with daily ACH repayment

## Summary
- Issued $100,001 promissory note to CEO Kevin Frija on January 25, 2022.
- Interest rate of 24% per annum, unsecured, maturity January 25, 2023.
- CEO may deduct $500 per business day via ACH from company account until repaid.
- Related-party transaction; Frija serves as CEO, President, CFO, and Chairman.
- Proceeds provide working capital; note carries high cost and daily cash impact.

## SEC filing metadata
- accession: 0000891092-22-000244
- form_type: 8-K
- ticker: VPRB
- cik: 0001376231
- company_name: VPR Brands, LP.
- filed_at: 2022-01-31T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376231/000089109222000244/0000891092-22-000244-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376231/000089109222000244/vprb8k1221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000891092-22-000244
- JSON: https://secwatch.observer/filing/0000891092-22-000244.json
- Plain text: https://secwatch.observer/filing/0000891092-22-000244.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.