Due to the extenuating circumstances of the current pandemic, and the hardship that comes with it, New Sun Rising is adding this amendment to suspend loan repayments for 3 months. Any remaining payments will be added to the end of your original terms.
Vibrancy Fund: Loan Term Sheet Amendment
Prepared for
Amended Loan id#:
This agreement is effective April 1, 2020, between New Sun Rising (the LENDER), a 501(c)(3) charitable organization with a mailing address of PO Box 58005, Millvale, PA 15209 and (or future assignee)(the BORROWER) located at , , PA .
PURPOSE
The purpose of this agreement is to define an amendment of terms of a loan between LENDER to BORROWER for purposes of operations, debt consolidation, and development of new products/services.
|
Original Borrowed Amount
|
$
|
|
Original Loan Date
|
|
| Original Loan ID |
|
|
New Repayment Schedule
|
|
|
Next payment due:
|
|
| |
|
| |
|
CONTINGENCY
The LENDER has the full legal right to update the terms of this loan, including but not limited to terminating the agreement with BORROWER.
The LENDER and BORROWER have executed this Agreement as of August 17, 2026.
EIN/SSN :