Construction project loan contract
Borrower: ________________________________________________
Legal representative: ____________________ Title: __________________
Address: ____________________ Postal Code: ________ Phone: ________
Lender: ______________________________________________
Legal representative: ____________________ Title: __________________
Address: ____________________ Postal Code: ________ Phone: ________
According to national laws and regulations, the borrower is required to make loans for capital construction and is reviewed and issued by the lender. In order to clarify the responsibilities of both parties, abide by the credit, sign this contract and abide by it.
The first loan use: ________________________________________
Article 2 Borrowing Amount: The borrower borrows RMB ____ yuan from the lender. Estimated use is one year ____ yuan; ____ year ____ yuan; ____ year ____ yuan; ____ year ____ yuan; ____ year ____ yuan;
Article 3 Borrowing Interest Rate: From the date of the loan, the interest is calculated based on the actual amount of the loan, and compound interest is calculated. During the loan period stipulated in the contract, the annual interest rate is ____%. If the borrower does not return the loan on time, if the overdue part of the interest rate is 20%.
Article 4 Term of Borrowing: The Borrower guarantees that all loans will be repaid in respect of the repayment funds stipulated by the State from ________________________________________________________________________________________________________ It is scheduled to be ____ years ____ yuan; ____ years ____ yuan; ____ years ____ yuan; ____ years ____ yuan; ____ years ____ yuan; If the loan is overdue, the lender has a license period to recover the loan, or the other bank that the borrower has requested to deduct the payment.
Article 5 When it is necessary to change the terms of the contract due to national adjustment plans, product prices, tax rates, and amendment estimates, the parties shall sign the file of the change contract as an integral part of this contract.
Article 6 The paying party guarantees the supply of funds in accordance with the provisions of this contract. If the loanr’s liability fails to provide the loan on time, the borrower’s liquidated damages shall be paid according to the amount of the breach and the number of days of extension. The calculation of liquidated damages is the same as the calculation of the penalty interest of the borrower specified by the bank.
Article 7 The lender has the right to inspect and supervise the use of the loan, and to understand the business management, project execution, financial activities, and material inventory of the borrower. The borrower shall provide relevant statistics, accounting statements and information.
If the borrower does not use the loan as stipulated in the contract, the lender has the right to recover part of the loan and impose a penalty interest on the default use part according to the bank regulations. If the borrower repays the loan in advance, the interest shall be reduced as required.
Article 8 Other matters other than the terms of this contract shall be handled by the parties in accordance with the relevant provisions of the Contract Law of the People's Republic of China.
Article 9 This contract shall become effective after being signed, and the principal and interest of the loan shall be invalidated after being paid off. This contract is made in five copies. Each party to the signature shall hold one copy and submit it to the competent department, the head office and the branch.
Borrower: ____________ Lender: ____________
Representative: ____________ Representative: ____________
____________________________________________
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