PAYCHECK PROTECTION PROGRAM LOAN (Details Narrative) - USD ($) |
1 Months Ended | 3 Months Ended | 9 Months Ended | |
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May 14, 2020 |
Sep. 30, 2020 |
Sep. 30, 2020 |
Sep. 30, 2019 |
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Interest expenses | $ 71 | $ 107 | ||
Proceeds from PPP loan | 74,300 | $ 0 | ||
Lender [Member] | ||||
Principal and interest | $ 1,575 | |||
PPP Loan [Member] | ||||
Proceeds from PPP loan | $ 28,000 | |||
principal amount | 15,445 | 15,445 | ||
Accumulated interest | $ 107 | $ 107 | ||
Loan term | 2 years | |||
Interest rate | 1.00% |
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- References No definition available.
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the required periodic payments applied to interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Amount of interest expense classified as other. No definition available.
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- Definition Amount of interest payable on debt, including, but not limited to, trade payables. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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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