[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Subject: Cancellation and Satisfaction of Promissory Notes Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to formally inform you regarding the cancellation and satisfaction of promissory notes associated with our previous financial arrangement. As per our agreement, promissory notes were issued between us on [date] in relation to [purpose of the loan] and held under the following reference numbers: 1. Promissory Note Reference Number: [Reference Number 1] Amount: [Loan Amount] Date of Issuance: [Date of Issuance] 2. Promissory Note Reference Number: [Reference Number 2] Amount: [Loan Amount] Date of Issuance: [Date of Issuance] 3. Promissory Note Reference Number: [Reference Number 3] Amount: [Loan Amount] Date of Issuance: [Date of Issuance] I am pleased to inform you that the aforementioned promissory notes have now been entirely paid off, resulting in the cancellation and satisfaction of all outstanding debt obligations. The final payments were successfully made on [date], covering the principal loan amount along with any accrued interest or applicable charges. Upon receiving this letter, I kindly request you to update your records accordingly to reflect the cancellation and satisfaction of the promissory notes mentioned above. Moreover, I request a written acknowledgment from your end indicating the same for my personal record keeping. Please do not hesitate to contact me at [phone number or email address] should you have any questions or require any additional information. I greatly appreciate your cooperation in promptly addressing this matter. Thank you for your understanding and the professional business relationship that we have maintained throughout the loan term. I look forward to receiving a confirmation of the cancellation and satisfaction of the promissory notes soon. Yours sincerely, [Your Name]