Receivables, Loans, Notes Receivable, and Others

12 Months Ended

Dec. 31, 2011

4. LOANS RECEIVABLE, UNSECURED

Loans receivable, unsecured consist of the following:

	As of December 31,
	2011		2010

Due from Party A, in a term of 12 months, repayable on December 30, 2011, with an interest rate of 2.52% per annum payable at its due date	$	-	$	2,836,611

Due from Party A, in a term of 12 months, repayable on June 29, 2012, with an interest rate of 2.52% per annum payable at its due date		960,283		-

Due from Party A, in a term of 12 months, repayable on September 29, 2012, with an interest rate of 2.52% per annum payable at its due date		1,369,581		-

Due from Party A, in a term of 12 months, repayable on December 30, 2012, with an interest rate of 2.52% per annum payable at its due date		3,247,732		-

Due from Party B, in a term of 12 months, repayable on June 29, 2012, with an interest rate of 2.52% per annum payable at its due date		4,502,406		-

Due from Party B, in a term of 12 months, repayable on December 30, 2012, with an interest rate of 2.52% per annum payable at its due date		620,781		-

Due from Party C, in a term of 12 months, repayable on December 30, 2012, with an interest rate of 2.52% per annum payable at its due date		15,742		-

Interest receivable		-		5,390
Total:	$	10,716,525	$	2,842,001

SINO ASSURANCE INC. 10-K