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To write a Promissory Note, start by using the provided template. Input the borrower's information at the top, including the name (e.g., JOHN DOE), address (e.g., 123 EXAMPLE STR, UNIT 1, NEW YORK, NY 12345), phone number (e.g., 123-456-7890), and email (e.g., borrower@example.com). Next, enter the document date. Then, input the lender's details: name (e.g., LENDER EXAMPLE LLC), address (e.g., P.O. BOX 123, MIAMI, FL 12345), phone number (e.g., 111-222-3333), and email (e.g., lender@example.com). Afterward, specify the principal amount (e.g., $10,000.00) and the effective date of the Promissory Note. Repeat the principal amount and enter the interest rate (e.g., 3.75%).
