Quarterly report pursuant to Section 13 or 15(d)

Term Loan (Tables)

v3.21.2
Term Loan (Tables)
9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of term debt

Term debt as of September 30, 2021 and December 31, 2020 consists of the following:

 

Schedule of term debt

    September 30,
2021
    December 31, 2020  
Bank of America auto loan, interest at 2.37% per annum, monthly principal and interest payments of $1,448, maturing December 2025, collateralized by vehicle.   $ -     $ 81,812  
                 
Bank of America auto loan, interest at 2.49% per annum, monthly principal and interest payments of $1,505, maturing July 2025, collateralized by vehicle.     65,816       -  
Less: Current maturities     (15,099 )     (15,566 )
                 
Long term debt   $ 50,717     $ 66,246