Annual report pursuant to Section 13 and 15(d)

Note 17 - Paycheck Protection Plan loans and Economic Injury Disaster Loans: Schedule of PPP loan balances (Tables)

v3.21.1
Note 17 - Paycheck Protection Plan loans and Economic Injury Disaster Loans: Schedule of PPP loan balances (Tables)
12 Months Ended
Dec. 31, 2020
Tables/Schedules  
Schedule of PPP loan balances

PPP loan balances at December 31, 2020 consist of the following:

 

 

 

December 31,

2020

May 5, 2020, loan from Republic Bank of Arizona to Waste Consolidators, Inc., revised December 1, 2020. The note bears interest at 1% per annum, with a revised maturation date of May 15, 2020, with monthly principle and interest payments of $560 beginning December 15, 2020.

$

9,449

 

 

 

Total

 

9,449

 

 

 

Less: Current maturities

 

(6,658)

 

 

 

Long-term portion of paycheck protection plan loans

$

2,791