Company: FLYE
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001213900-25-078571
Chunk: 34

Company: Fly-E Group, Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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  31,424    34,620   Automobile Loan – Honda(iii)  June 25, 2027   18,182    20,353   Milea Truck Sales of Queens Inc. (iv)  August 22, 2027   96,253    106,093   Milea Truck Sales of Queens Inc. (iv)  July 26, 2027   69,140    76,779   Peapack-Gladstone Bank(v)  August 31, 2025   4,936,058    4,936,058   Velocity Commercial Capital, LLC (vi)  December 1, 2054   1,926,141    1,927,729   AOWINV LLC (vii)  June 10, 2025   —    255,000   Agile Lending, LLC(viii)  November 27, 2025   1,258,862    —   Stripe, Inc. (ix)  April 20, 2026   122,793    —   Stripe, Inc. (ix)  December 22, 2026   213,185    —   Total loan payables      8,672,038    7,356,933   Short-term loan payables      (6,317,712)   (5,191,058)  Current portion of long-term loan payables      (262,069)   (100,835)  Long-term loan payables     $2,092,257   $2,065,040  

  (i) On January 12, 2023, the Company’s subsidiary, Arfy Corp. obtained a five-year long-term loan of $70,000 from JPMorgan Chase Bank, N.A. with an annual interest rate of 9.8%. Mr. Tong Chen, an original stockholder of the Company, provided a guarantee on this loan. To secure payment and performance of the liabilities, Arfy Corp. pledged to JPMorgan Chase Bank, N.A., a continuing security interest in all of its right, title and interest in all of its properties