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Norwood Extends Loan Again, Credits Balmain for Growth and Optus Win

7:01am on Tuesday 2nd of September, 2025 AEST Technology
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Norwood Extends Loan Again, Credits Balmain for Growth and Optus Win

7:01am on Tuesday 2nd of September, 2025 AEST
Key Points
  • Twelfth extension of loan repayment to 3 September 2025
  • Loan principal stands at approximately $322,669 after $550,000 repayments
  • Interest rate steady at 7.95% with a $3,000 extension fee
  • Loan facility instrumental in securing Optus contract and supporting growth
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