Quarterly report pursuant to Section 13 or 15(d)

Schedule of Long Term Debt (Tables)

v3.4.0.3
Schedule of Long Term Debt (Tables)
3 Months Ended
Mar. 31, 2016
Schedule of Long Term Debt (Tables)  
Schedule of Long Term Debt (Tables)

Long term debt

 

 

March 31, 2016

 

December 31, 2015

Two auto loans through Compass bank, interest at 7.99% per annum, monthly principle and interest payments of $538, maturing February 2016

$

-

$

1,069

 

 

 

 

 

Auto loan through Hyundai Motor Finance, interest at 2.99% per annum, monthly principle and interest payments of $878, maturing December 2018.

 

26,961

 

29,3845

 

 

 

 

 

Loan through LoanMe, Inc., interest at 94% per annum, monthly principle and interest payments of $2,233, maturing March 1, 2026. **

 

28,500

 

-

  Total long term debt

 

55,461

 

30,453

 

 

 

 

 

  Less: Current maturities

 

(9,015)

 

(10,841)

 

 

 

 

 

 

$

46,446

$

19,612