Create Promissory Note Step 1 of 5 – Lender Info 20% This field is hidden when viewing the formUser Logged In?Contact InformationYour Name* First Last Email*Your completed document will be sent instantly to the following email address. Already have an account?Login now.Governing LawGoverning State*State in in which the legal proceedings will take place for this agreement.AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces PacificDate of Agreement MM slash DD slash YYYY Lender InformationLender’s Name*Lender is an individual or a business entity that loans money in exchange for promise that it will receive a certain repayment amount in the future.Lender's Type*IndividualBusiness EntityLender's State of Formation*AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingLender's Representative Name*Lender's Representative Title*Lender's Address* Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code Borrower InformationBorrower’s Name*Borrower is an individual or a business entity that receives money in exchange for promise that it will repay certain amount in the future.Borrower's Type*IndividualBusiness EntityBorrower's State of Formation*AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingBorrower's Representative Name*Borrower's Representative Title*Borrower's Address* Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code Co-signer Add a co-signer (Guarantor) Guarantor InformationGuarantor’s Name*Guarantor is someone who promises to pay back the lender if borrower ever defaults on the loan.Guarantor's Address* Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code Loan AmountsLoan Amount*Total sum of money loaned to the borrower excluding interest.Interest on Loan*Enter “0” if there is NO interest on loan.Percentage interest amount charged by the lender.This field is hidden when viewing the formTotal Loan Amount*Repayment TermsHow will the payments be made?*InstallmentsInstallments with final balloon paymentDue on demandHow many days before due date will the demand notice be sent?*1 day2 days3 days4 days5 days6 days7 days8 days9 days10 days11 days12 days13 days14 days15 days16 days17 days18 days19 days20 days21 days22 days23 days24 days25 days26 days27 days28 days29 days30 days40 days42 days43 days44 days45 days46 days47 days48 days49 days50 days51 days52 days53 days54 days55 days56 days57 days58 days59 days60 days61 days62 days63 days64 days65 days66 days67 days68 days69 days70 days71 days72 days73 days74 days75 days76 days77 days78 days79 days80 days81 days82 days83 days84 days85 days86 days87 days88 days89 days90 daysPayment AmountEach installment payment will be made in equal amount of…Balloon Payment Amount*Total amount of final balloon paymentPayment Due Date*Each loan payment is due on before this date. For example: “1st of the month” or “January 1st”.Each payment will be due on before this date, for example “1st of the month”.Payment Frequency*WeeklyBiweeklyMonthlyBimonthlyQuarterlySemi AnnuallyAnnuallyOtherPayment Frequency (Other)*Late PaymentsHow many missed payments before loan is in default?*1 Missed Payment2 Missed Payments3 Missed Payments4 Missed Payments5 Missed Payments6 Missed Payments7 Missed Payments8 Missed Payments9 Missed Payments10 Missed Payments11 Missed Payments12 Missed PaymentsLate Fee for Missed Payments*Grace PeriodNo Grace Period1 day2 days3 days4 days5 days6 days7 days8 days9 days10 days11 days12 days13 days14 days15 days16 days17 days18 days19 days20 days21 days22 days23 days24 days25 days26 days27 days28 days29 days30 daysRepayment Penalty*Amount that will be applied to the loan if the borrower fails to pay the agreed amount upon schedule. Make Payments ToMake Payments To (Name)*Borrower will make all payments to this individual or business entity.Make Payments To (Address)* Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code Collateral InformationCollateral DescriptionCollateral is any property owned by the borrower that is offered to the lender as security for loan repayments. In case of default on loan, borrower gives up ownership of this property to the lender.Use complete sentences to describe property used as collateral for repayments or LEAVE BLANK IF NO collateral. PDF Preview Full Screen Rotate your phone sideways for larger preview. Almost there! Complete secure checkout on the next page to receive your PDF without any watermarks or restrictions. Click “Previous” if you still have some edits to make. Over 13K+ Reviews And 100K+ happy customers 100% Private & Secure Your important data protected