NOTES PAYABLE SBA PAYCHECK PROTECTION PROGRAM (Details Narrative) - USD ($) |
12 Months Ended | ||||
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Sep. 09, 2021 |
Dec. 31, 2021 |
Dec. 31, 2020 |
May 07, 2020 |
Apr. 29, 2020 |
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NOTE PAYABLE | |||||
Paycheck protection program loan amount | $ 121,700 | $ 121,700 | |||
Accrued Interest Paycheck Protection | 1,653 | $ 820 | |||
Interest Due | $ 122,520 | ||||
Debt Principal | $ 121,700 | ||||
Principal amount | $ 121,700 | ||||
PPP Loan, interest accrues on outstanding principal rate | 1.00% | ||||
Loan amount eligible payroll costs, percentage rate | 60.00% | ||||
Interest expense | $ 44,677 | $ 97,630 |
X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition Increase for accrued, but unpaid interest on the debt instrument for the period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- References No definition available.
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