Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.20.2
Debt (Tables)
6 Months Ended
Jun. 30, 2020
Loans Payable  
Debt Instrument [Line Items]  
Schedule of debt

 

 

 

 

 

 

 

 

    

June 30, 2020

    

December 31, 2019

 

 

(Unaudited)

 

 

 

Loan payable – Automobile loan

 

$

43,677

 

$

52,188

Less current portion

 

 

(17,244)

 

 

(17,095)

Loan payable, net of current portion

 

$

26,433

 

$

35,093

 

Notes Payable  
Debt Instrument [Line Items]  
Schedule of debt

 

 

 

 

 

 

 

 

    

June 30, 2020

    

December 31, 2019

 

 

(Unaudited)

 

 

 

Quail Point Corp.

 

$

500,000

 

$

500,000

Paycheck Protection Program Loan

 

 

303,681

 

 

 —

Small Business Administration Loan

 

 

149,900

 

 

 —

Long term debt

 

 

953,581

 

 

500,000

Less current portion the Paycheck Protection Program Loan

 

 

(135,093)

 

 

 —

Less current portion of the Small Business Administration Loan

 

 

(256)

 

 

 —

Note payable, net of current portion

 

$

818,232

 

$

500,000