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Gift Letter: Loan Repayment Forgiveness

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					                  Gift Letter: Loan Repayment Forgiveness


____[borrower name]___

___[borrower address]___

___[borrower address]___



To ___[borrower first name]___:

I made a loan of $___[total loan amount]___ to you on ___[loan date]___. This loan has an
upcoming payment due from you to me on ___[due date of payment to be forgiven]___ in the
amount of $________ ("Loan Payment").

By my signature below, I hereby forgive all of this Loan Payment.

By signing this letter, I understand that I do not waive the right to choose to receive subsequent
Loan Payments under the Promissory Note signed by the borrower on ___[date note signed]___.



________[signature of lender]_______

______[printed name of lender]______

____________[address]____________

Date: ______________

				
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