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.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
1.2 USD | -10.45% | +0.63% | -43.93% |
01/04 | Transcript : LFTD Partners Inc., Q4 2023 Earnings Call, Apr 01, 2024 | |
29/03 | LFTD Partners Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-43.93% | 17.6M | |
+5.93% | 155B | |
+5.99% | 67.61B | |
+3.40% | 19.95B | |
+7.69% | 5.5B | |
+61.02% | 2.11B | |
+1.02% | 1.76B | |
-3.90% | 1.71B | |
-19.76% | 1.33B | |
0.00% | 656M |
- Stock Market
- Equities
- LIFD Stock
- News LFTD Partners Inc.
- LFTD Partners Inc. and Its Wholly Owned Subsidiary Lifted Made Jointly Borrow A Total of $3,910,000 from Surety Bank