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7. Note Payable to Bank
9 Months Ended
Sep. 30, 2016
Debt Disclosure [Abstract]  
Note Payable to Bank

 At September 30, 2016 and December 31, 2015, the Company had the following notes payable to the bank:

 

   

September 30,

2016

   

December 31,

2015

 
             
Promissory note payable to First Security Bank of Missoula,            
bearing interest at 5.0%, maturing February 27, 2017,            
payable on demand, collateralized by a lien on Certificate of            
Deposit number 48614   $ 0     $ 36,881  
                 
Promissory note payable to First Security Bank of Missoula,                
bearing interest at 5.0%, maturing February 27, 2017,                
payable on demand, collateralized by a lien on Certificate of                
Deposit number 48615     100,000       93,791  
Total notes payable to bank   $ 100,000     $ 130,672  

 

These notes are personally guaranteed by John C. Lawrence the Company’s President and Chairman of the Board of Directors.