---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-024315"
form_type: "8-K"
ticker: "MVCO"
cik: "0000924095"
company_name: "Metavesco, Inc."
filed_at: "2023-07-12T23:59:59+00:00"
generated_at: "2026-06-13T09:43:06.169137+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Metavesco enters $30K loan agreement with CEO-owned entity at 3% interest due July 2024

## Summary
- $30,000 loan from Restore Franchise Group, LLC, owned by CEO Ryan Schadel; interest 3% per annum compounded yearly.
- Principal and interest must be repaid in full by July 10, 2024.
- Lender may declare immediate acceleration upon default; enforcement costs added to principal.
- Loan governed by Nevada law; related-party transaction disclosed.

## SEC filing metadata
- accession: 0001493152-23-024315
- form_type: 8-K
- ticker: MVCO
- cik: 0000924095
- company_name: Metavesco, Inc.
- filed_at: 2023-07-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924095/000149315223024315/0001493152-23-024315-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924095/000149315223024315/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-024315
- JSON: https://secwatch.observer/filing/0001493152-23-024315.json
- Plain text: https://secwatch.observer/filing/0001493152-23-024315.txt

## Key facts
- Debt Financings
  Metavesco, Inc. incurred loan of $30,000 with Restore Franchise Group, LLC at 3% per annum, compounded yearly maturing 1 year from the execution of the Loan Agreement, or July 10, 2024.
  - Instrument: loan
  - Principal: $30,000
  - Counterparty: Restore Franchise Group, LLC
  - Rate: 3% per annum, compounded yearly
  - Maturity: 1 year from the execution of the Loan Agreement, or July 10, 2024
  - Event: incurrence
  source text: the Lender promises to loan thirty thousand dollars USD ($30,000) to the Company and the Company promises to repay this principal amount to the Lender, with interest payable on the unpaid principal at the rate of 3% per annum, compounded yearly; (ii) the thirty thousand dollars USD ($30,000) will be repaid in full within 1 year from the execution of the Loan Agreement, or July 10, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/924095/000149315223024315/0001493152-23-024315-index.htm
- Material Agreements
  Metavesco, Inc. entered into Restore Franchise Group, LLC Loan Agreement with Restore Franchise Group, LLC valued at $30,000 loan at 3% per annum interest, due July 10, 2024 (effective 2023-07-10).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Restore Franchise Group, LLC
  - Value: $30,000 loan at 3% per annum interest, due July 10, 2024
  - Effective: 2023-07-10
  source text: On July 10, 2023, Metavesco, Inc. (the “Company”), entered into a Loan Agreement (the “Loan Agreement”) with Restore Franchise Group, LLC (the “Lender”), a limited liability company, duly organized, in good standing and existing under the laws of the state of Georgia. The Lender is wholly owned by Ryan Schadel, the Chief Executive Officer, sole director and majority stockholder of the Company. According to the terms of the Loan Agreement, (i) the Lender promises to loan thirty thousand dollars USD ($30,000) to the Company and the Company promises to repay this principal amount to the Lender, with interest payable on the unpaid principal at the rate of 3% per annum, compounded yearly; (ii) the thirty thousand dollars USD ($30,000) will be repaid in full within 1 year from the execution of the Loan Agreement, or July 10, 2024; (iii) in the event the Company defaults on the performance its obligations under the Loan Agreement, the Lender may declare the principal amount then owed under Lo
  evidence_url: https://www.sec.gov/Archives/edgar/data/924095/000149315223024315/0001493152-23-024315-index.htm

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