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8. Note Payable to Bank
3 Months Ended
Mar. 31, 2020
Notes Payable [Abstract]  
Note Payable to Bank

At March 31, 2020 and December 31, 2019, the Company had the following notes payable to bank:

 

    March 31,     December 31,  
    2020     2019  
Promissory note payable to First Security Bank of Missoula,            
bearing interest at 3.150%, payable on demand, collateralized            
by a lien on Certificate of Deposit   $ 99,923     $ 97,067  
                 
Promissory note payable to First Security Bank of Missoula,                
bearing interest at 3.150%, payable on demand, collateralized                
by a lien on Certificate of Deposit     99,631       99,999  
                 
Total notes payable to the bank   $ 199,554     $ 197,066  
                 

 

These notes are personally guaranteed by John C. Lawrence the Company’s Chief Executive Officer and Chairman of the Board of Directors. The maximum amount available for borrowing under each note is $99,999.