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Notes Payable, Related Parties
12 Months Ended
Dec. 31, 2019
Notes Payable [Abstract]  
Notes Payable, Related Parties

Notes payable, related parties consist of the following at December 31, 2019 and 2018, respectively:

 

    December 31, 2019     December 31, 2018  
On April 12, 2010, the Company received an unsecured, non-interest-bearing loan in the amount of $2,000, due on demand from Robert Leitzman. Interest is being imputed at the Company’s estimated borrowing rate, or 10% per annum. The largest aggregate amount outstanding was $2,000 during the periods ended December 31, 2019 and December 31, 2018. Mr. Leitzman owns less than 1% of the Company’s common stock, however, the Mr. Leitzman is deemed to be a related party given the non-interest-bearing nature of the loan and the materiality of the debt at the time of origination.     2,000       2,000  
                 
Over various dates in 2011 and 2012, the Company received unsecured loans in the aggregate amount of $10,000, due on demand, bearing interest at 10%, from Sandra Orman. The largest aggregate amount outstanding was $10,000 during the periods ended December 31, 2019 and December 31, 2018. Mrs. Orman owns less than 1% of the Company’s common stock, however, Mrs. Orman is deemed to be a related party given the nature of the loan and the materiality of the debt at the time of origination.     10,000       10,000  
                 
Over various dates from April to December 2019, the company received a total of $305,100 of advances, bearing interest at 5%, from Nicole Breen. A detailed list of advances and repayments follows. On October 28, 2019, the company’s vehicles valued at $93,000 were used as a repayment.     212,100       0  
                 
Notes payable, related parties   $ 224,100     $ 12,000  

 

The Company recorded interest expense in the amount of $9,264 and $12,179 for the years ended December 31, 2019 and 2018, respectively, including imputed interest expense in the amount of $0 and $0 during such periods related to notes payable, related parties.