When is the note payable to Wilmington Savings Fund Society (Bank) due for Dryject?

According to Dryject's 2025 Franchise Disclosure Document, the note payable to Wilmington Savings Fund Society (Bank) is due in August 2026. The note requires monthly installments of $13,034, with interest at 2.5% above the prime rate.

This information is crucial for prospective Dryject franchisees as it outlines the company's debt obligations. Understanding the terms of these notes payable, such as the interest rate and payment schedule, can provide insights into the financial stability and obligations of Dryject.

Specifically, knowing that Dryject has a significant debt due in August 2026 allows potential franchisees to assess the company's ability to meet its financial commitments. It also highlights the importance of understanding how these obligations might impact the franchisor's operations and support for franchisees. Reviewing the complete financial statements and discussing these debts with Dryject's management team would be a prudent step for any prospective franchisee.