ECONOMIC INJURY DISASTER LOAN (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | ||||
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Jun. 08, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
Dec. 31, 2022 |
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Accumulated interest on EIDL Loan | $ 5,750 | $ 5,750 | $ 5,860 | |||
Interest rate | 10.00% | |||||
Interest expense | $ 86,821 | 27,489 | $ 100,326 | $ 53,529 | $ 113,602 | |
Economic Injury Disaster Loan assistance program [Member] | ||||||
Interest expense | $ 695 | $ 695 | 1,382 | 1,382 | ||
April 28, 2020 [Member] | ||||||
Advances from SBA | $ 5,000 | |||||
July 17, 2020 [Member] | Economic Injury Disaster Loan assistance program [Member] | ||||||
Balance of principal and interest payable (Period) description | the balance of principal and interest will be payable over thirty (30) years from the date of the promissory note | |||||
Proceeds from EIDL loan | $ 74,300 | |||||
Interest rate | 3.75% | |||||
Payments of principal | $ 685 | 0 | ||||
Payments of interest | 1,492 | $ 0 | ||||
Monthly payments of principal and interest | $ 363 |
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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/exampleRef
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- Definition Percentage increase in the stated interest rate on a short-term debt instrument. No definition available.
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