EX-10.16
CHEETAH NET SUPPLY CHAIN SERVICE INC.
EXTENSION AGREEMENT
This Loan Extension Agreement (“Extension Agreement”) is entered into as of June 26, 2026, by and between Cheetah Net Supply Chain Service Inc. (“Lender”), and Asia Finance Investment Limited. (“Borrower”).
WHEREAS, Lender and Borrower entered into that certain Loan Agreement dated as of June 26, 2025 (the “Original Loan Agreement”) with the original principal amount of $200,000.00;
**WHEREAS, **the Original Loan Agreement is scheduled to mature on June 25, 2026;
WHEREAS, as of the date hereof, Borrower has repaid an aggregate amount of $0. The remaining outstanding principal amount owed under the Original Loan Agreement is $200,000.00, and the accrued interest receivable is $16,222.22 as of the date first written above;
WHEREAS, the parties desire to extend the Maturity Date of the Loan by one (1) year on the terms set forth herein, with the principal amount of $200,000.00.
NOW THEREFORE, in consideration of the mutual promises herein, the parties agree as follows :
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