Company: MYCB
Filing Date: 2025-03-17
Form Type: 10-Q
Source: 0001640334-25-000414
Chunk: 49

Company: My City Builders, Inc.
Filing Date: 2025-03-17
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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31, 2025, and July 31, 2024, the Company had due to related parties of $0 and $1,106,000, respectively.

 F-13Table of Contents

NOTE 7 – BANK BORROWINGS As of January 31, 2025, and July 31,2024, bank borrowings consist, as follows;    Principal   Maturity  Interest   January 31  July 31,   Amount  date  Rate   2025  2024 Loan dated October 27, 2023 $114,800  November 1, 2053  9.50% $114,800  $114,800 Loan dated October 27, 2023  114,800  November 1, 2053  9.50%  114,800   114,800 Loan dated November 3, 2023  88,000  November 15, 2028  8.50%  87,975   87,712 Loan dated November 3, 2023  88,000  November 15, 2028  8.50%  87,990   87,726 Loan dated November 3, 2023  88,000  November 15, 2028  8.50%  88,538   80,089 Loan dated November 3, 2023  88,000  November 15, 2028  8.50%  87,453   44,153 Loan dated November 3, 2023  88,000  November 15, 2028  8.50%  87,586   40,501 Loan dated July 26, 2024  109,500  August 1, 2054  8.63%  109,172   109,500 Loan dated July 26, 2024  126,300  August 1, 2054  8.75%  125,941   126,300 Loan dated July 26, 2024  131,200  August 1, 2054  9.13%  130