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To write a Promissory Note, start by using the provided template. Fill out the borrower's details at the top, including their 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 and the lender's information, including 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). Specify the principal amount (e.g., $10,000.00) and the effective date. Reconfirm the principal amount and set the interest rate (e.g., 3.75 percent).
