$144.00per month
$6336 total (44 month pay-plan)
LOAN AGREEMENT
Date: 8/19/26
This Agreement is between:
Lender: PaulMarley Foundation
Borrower: Jenalyn Lorilla
1. Loan Amount
Lender agrees to loan:
$5,000 (Five Thousand Dollars)
2. Repayment Terms (Select One)
44 months
$144..00 per month
Total repayment: $6,336
First payment due: August 19, 2026
Payments due on the 19th of each month
3. Early Repayment
Borrower may repay early at any time.
Minimum total repayment = $6,000
4. On-Time Payment Incentive
None
5. Late Payment
Late after 5 days
Fee: $35
6. Default
If Borrower:
• Misses 3 consecutive payments, OR
• Fails communication within 10 days
Full remaining balance becomes immediately due.
7. Personal Responsibility
This loan is a personal obligation, regardless of business performance.
8. Use of Funds
9. Co-Signer / Guarantor
Name:
Address:
Co-Signer is jointly and individually responsible for full repayment.
Lender may collect from Borrower, Co-Signer, or both.
10. Automatic Monthly Payments
Borrower agrees to automatic monthly withdrawal:
• Amount: $144.00
• Date: 19th day of each month
Borrower must maintain sufficient funds.
Failed payment = late fee
11. Governing Law
State of Arizona
$144.00per month
$6336 total (44 month pay-plan)
LOAN AGREEMENT
Date: 8/19/26
This Agreement is between:
Lender: PaulMarley Foundation
Borrower: Jenalyn Lorilla
1. Loan Amount
Lender agrees to loan:
$5,000 (Five Thousand Dollars)
2. Repayment Terms (Select One)
44 months
$144..00 per month
Total repayment: $6,336
First payment due: August 19, 2026
Payments due on the 19th of each month
3. Early Repayment
Borrower may repay early at any time.
Minimum total repayment = $6,000
4. On-Time Payment Incentive
None
5. Late Payment
Late after 5 days
Fee: $35
6. Default
If Borrower:
• Misses 3 consecutive payments, OR
• Fails communication within 10 days
Full remaining balance becomes immediately due.
7. Personal Responsibility
This loan is a personal obligation, regardless of business performance.
8. Use of Funds
9. Co-Signer / Guarantor
Name:
Address:
Co-Signer is jointly and individually responsible for full repayment.
Lender may collect from Borrower, Co-Signer, or both.
10. Automatic Monthly Payments
Borrower agrees to automatic monthly withdrawal:
• Amount: $144.00
• Date: 19th day of each month
Borrower must maintain sufficient funds.
Failed payment = late fee
11. Governing Law
State of Arizona
