Company: CLOQ
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001641172-25-009976
Chunk: 25

Company: CYBERLOQ TECHNOLOGIES, INC.
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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.02 
  
    8/22/2024 
     100,000.00  
    8/22/2025 
     0.02 
  
    10/10/2024 
     20,000.00  
    10/31/2025 
     0.02 
  
    10/18/2024 
     20,000.00  
    10/31/2025 
     0.02 
  
    11/8/2024 
     50,000.00  
    11/8/2025 
     0.10 
  
    12/9/2024 
     20,000.00  
    12/9/2025 
     0.02 
  
    12/19/2024 
     250,000.00  
    12/19/2025 
     0.10 
  
    Total 
     2,236,859  

Notes Payable - Related Parties

On December 31, 2021, the Company entered
into a loan modification agreement with a director which consolidated three outstanding promissory notes dated August 8, 2020,
September 9, 2020, and December 28, 2020 into one loan. The total amount borrowed is $150,000,
with an interest rate of 12.5%
and a maturity date of April
1, 2023. The Company was required to pay an extension penalty in the amount of $2,500.
On September 30, 2022, the Company entered into a second loan modification agreement with the director extending the maturity date
to January
1, 2024. Additionally, the Company will begin paying quarterly installments in the amount of $50,000 plus
accrued interest beginning December 1, 2023. On September 30, 2023, the Company entered into a second loan modification agreement
with the director extending the maturity date to August
1, 2024. Additionally, the Company paid $7,500 in
accrued interest and will begin paying $50,000 plus
accrued interest beginning December 1, 2023. On July 2, 2024, the Company entered into third loan modification agreement extending
the maturity date to December
31, 2024