Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Notes Payable (Tables)

v3.21.2
Note 8 - Notes Payable (Tables)
9 Months Ended
Sep. 30, 2021
Notes Tables  
Schedule of Debt [Table Text Block]
   

September 30,
2021

   

December 30,
2020

 

PPP loan

  $ 406,484     $ 450,000  

Term loan

    791,667       -  

Total

    1,198,151       450,000  

Less current portion

    (797,295 )     (93,009 )

Non-current portion

  $ 400,856     $ 356,991  
Schedule of Maturities of Long-term Debt [Table Text Block]
   

Notes Payable Payment Schedule

 
   

Term Loan

   

PPP Loan

   

Total

 
                         

Remainder of 2021

  $ 125,000     $ 74,045     $ 199,045  

2022

    500,000       298,039       798,039  

2023

    166,667       34,400       201,067  

Total payments

  $ 791,667     $ 406,484     $ 1,198,151