The defendant shall pay to the plaintiff KRW 286,197,05 and KRW 107,779,835 from February 25, 2020 to March 16, 2020.

1. Basic facts

A. On November 23, 2016, the Plaintiff entered into a loan transaction agreement with the Defendant setting the loan amount of KRW 3,170,000,000, and the expiration date of the loan period of November 23, 2021 as the internal standard interest rate of KRW 3.6%.

B. After that, the Defendant lost the benefit of time due to overdue interest, and on February 25, 2020, the Defendant’s obligation of the Defendant’s loans as of February 25, 202 remains in total of KRW 107,779,835, interest KRW 178,417,220, and the overdue interest rate is 6.81% per annum.

[Ground for Recognition: Facts without dispute, entry of Gap 1 through 4, purport of the whole pleadings]

2. According to the above facts, the defendant is obligated to pay to the plaintiff the balance of the principal and interest of KRW 286,197,05 and the principal of KRW 107,779,835 from February 25, 2020 to March 16, 2020 the interest rate in arrears, the rate of 6.81% per annum, and damages for delay calculated at the rate of 12% per annum under the Act on Special Cases concerning the Promotion, etc. of Legal Proceedings from the next day to the date of full payment.

3. It is so decided as per Disposition by the assent of all participating Justices, on the ground that the plaintiff's claim is reasonable.