ECONOMIC INJURY DISASTER LOAN (Details Narrative) - USD ($) |
3 Months Ended | 9 Months Ended | |||
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Sep. 30, 2024 |
Sep. 30, 2023 |
Sep. 30, 2024 |
Sep. 30, 2023 |
Dec. 31, 2023 |
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Accumulated interest on EIDL Loan | $ 5,572 | $ 5,572 | $ 5,675 | ||
Interest expense | 148,999 | $ 36,883 | 648,726 | $ 90,412 | |
April 28, 2020 [Member] | |||||
Advances from SBA | 5,000 | ||||
Economic Injury Disaster Loan assistance program [Member] | |||||
Interest expense | $ 702 | $ 702 | $ 2,092 | 2,084 | |
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 interest | $ 2,194 | $ 2,233 | |||
Monthly payments of principal and interest | $ 363 |
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of cash paid for interest, including, but not limited to, capitalized interest and payment to settle zero-coupon bond attributable to accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount; classified as operating and investing activities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Cash inflow associated with loan origination (the process when securing a mortgage for a piece of real property) or lease origination. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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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