LFTD Partners Inc. announced that on December 14, 2023, LIFD and its wholly owned subsidiary Lifted Made jointly borrowed a total of $3,910,000 from Surety Bank, DeLand, Florida, and Lifted Made closed on the purchase of its main operations building in Kenosha, WI for $1,375,000. Surety Bank made two five-year loans to LIFD and Lifted Made, as joint borrowers: a working capital loan of $3,000,000 at 9.5% annual interest, and a $910,000 loan at 10% annual interest, the net proceeds of which were used by Lifted Made to pay a portion of the $1,375,000 purchase price of Lifted Made's main operations building located at 5511 95th Ave., Kenosha, WI 53144. The two loans are cross collateralized by a first lien mortgage on the Kenosha building, and by a first lien security interest in all of the other assets owned by LIFD and Lifted Made, in favor of Surety Bank.
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5-day change | 1st Jan Change | ||
1.22 USD | +1.67% | +22.00% | -42.99% |
Apr. 01 | Transcript : LFTD Partners Inc., Q4 2023 Earnings Call, Apr 01, 2024 | |
Mar. 29 | LFTD Partners Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-42.99% | 17.6M | |
+3.05% | 149B | |
+3.29% | 67.77B | |
+2.05% | 19.57B | |
+11.85% | 5.39B | |
+55.99% | 2.08B | |
-16.09% | 1.65B | |
-21.54% | 1.28B | |
-.--% | 657M | |
+19.43% | 516M |
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- LFTD Partners Inc. and Its Wholly Owned Subsidiary Lifted Made Jointly Borrow A Total of $3,910,000 from Surety Bank