9. Notes Payable to Bank

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Notes Payable to Bank

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

	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	$	99,999	$	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		1		99,999
Total notes payable to the bank	$	100,000	$	197,066

These notes were personally guaranteed by John C. Lawrence, the Company’s previous Chief Executive Officer and Chairman of the Board of Directors. The maximum amount available for borrowing under each note is $99,999. As result of his death in June 2020, the terms of the note, including the personal guarantee, will be addressed in 2021.