NOTES PAYABLE - SBA PAYCHECK PROTECTION PROGRAM (Details Narrative) - USD ($) |
Sep. 09, 2021 |
May 07, 2020 |
Apr. 29, 2020 |
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LOAN PAYABLE RELATED PARTIES | |||
Paycheck protection program loan amount | $ 121,700 | $ 121,700 | |
Accrued interest | $ 1,653 | ||
Principal amount | $ 121,700 | ||
PPP Loan, interest accrues on outstanding principal rate | 1.00% | ||
Loan amount eligible payroll costs, percentage rate | 60.00% |
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- References No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- 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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- 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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- References No definition available.
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