Target Group Inc. borrows $100,000 from CEO's brother at 43.26% annual interest

Target Group Inc.

Additional $100,000 loan from Jerry Zarcone, brother of CEO Anthony Zarcone, under Fifth Amending Agreement effective Feb 16, 2022.
Loan carries interest at 3.0146% per month (43.26% per annum) and maturity extended to June 1, 2023.
Total principal under Second Tranche now $1,400,000; lender's fee of $20,000 deducted from advance.

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