Each small loan made under a small loan endorsement pursuant to chapter 31.45 RCW must be evidenced by a written note or loan agreement which must contain at least the following:

(1) The origination date of the loan;

(2) The principal of the loan;

(3) The manner in which the loan is to be repaid, including a statement of whether any check held in connection with a small loan may be redeemed in cash and if so, a statement of the date and time after which the licensee may choose not to permit redemption;

(4) The termination date of the loan;

(5) The dollar amount of fees and the method of calculating fees;

(6) The annual percentage rate as defined in the federal Truth in Lending Act; and

(7) The signature or electronic signature of the borrower.