If I paid a bill for someone and then asked them to repay the amount plus a certain percent extra is that considered a loan by law?

Question

If I paid a bill for someone and then asked them to repay the amount plus a certain percent extra is that considered a loan by law?

Answer

If the other party agreed to this before you paid the bill, it is a loan. If you paid it and THEN decided you would like to get your money back, it is a gift.