114

DESCRIPTION

2017 Fund Loan

2017 Trust Loan

DATE OF ISSUE ORIGINAL ISSUES MATURITIES OF LOAN OUTSTANDING BALANCE DECEMBER 31, 2018 BALANCE DECEMBER 31, 2019

DATE DECEMBER 31, 2018 AMOUNT INTEREST RATE

$ 131,336.95 $ 10,102.83 $

5/25/2017 $ 148,175.00 2/1/20-31 $ 3,367.61 N/A $ 140,000.00 $ 10,000.00 130,000.00

8/1/20-31 6,735.22 N/A

5/25/2017 145,000.00 8/1/20-25 10,000.00 5.00%

8/1/26-29 10,000.00 3.00%

8/1/30-31 15,000.00 3.00%

Total $ 271,336.95 $ 20,102.83 $ 251,234.12

TOWNSHIP OF JACKSON GENERAL CAPITAL FUND SCHEDULE OF NJEIT LOAN PAYABLE FOR THE YEAR ENDED DECEMBER 31, 2019