debt
confidence high
sentiment neutral
materiality 0.50
Trustfeed Corp. enters $250K promissory note with affiliate CWR 1 LLC
Polomar Health Services, Inc.
- Initial draw $157,622.56 used to repay prior undocumented loans from same lender.
- Interest rate: prime + 5% (currently 13.5% simple); due July 31, 2025.
- Lender CWR 1 LLC is an affiliate of Daniel Gordon and holds majority voting stock.
- Loan commitment up to $250K, with prepayment allowed without penalty.