ECONOMIC INJURY DISASTER LOAN (Details Narrative) - USD ($) |
3 Months Ended | 9 Months Ended | |
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Sep. 30, 2021 |
Sep. 30, 2021 |
Sep. 30, 2020 |
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Accumulated interest on EIDL Loan | $ 3,374 | $ 3,374 | |
Advances from SBA | 0 | $ 5,000 | |
April 28, 2020 [Member] | |||
Advances from SBA | $ 5,000 | ||
Economic Injury Disaster Loan assistance program [Member] | July 17, 2020 [Member] | |||
Balance of principal and interest payable (Period) description | the balance of principal and interest will be payable thirty (30) years from the date of the promissory note | ||
Proceeds from EIDL loan | $ 74,300 | ||
Interest rate | 3.75 | ||
Monthly payments of principal and interest | $ 363 | ||
Interest expense | $ 702 | $ 2,084 |
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- Definition The average effective interest rate during the reporting period. No definition available.
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- Definition Interest and debt related expenses associated with nonoperating financing activities of the entity. 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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