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NOTES PAYABLE (Tables)
12 Months Ended
Dec. 31, 2020
NOTES PAYABLE  
Schedule of notes payable - related party

 

 

2020

 

 

2019

 

Related Party:

 

 

 

 

 

 

Note payable to Craig Holland, non-interest bearing, maturing on December 31, 2021

 

$

6,925

 

 

$

6,925

 

Convertible note payable to Craig Holland, non-interest bearing, maturing on December 31, 2021

 

 

186,450

 

 

 

186,450

 

Convertible note payable to Mick Donahoo, non-Interest bearing, maturing on December 31, 2021

 

 

186,450

 

 

 

186,450

 

 

 

 

 

 

 

 

 

 

Other:

 

 

 

 

 

 

 

 

Note payable to financial institution, secured by vehicle, interest at 2.9%, due in 2025

 

 

43,193

 

 

 

-

 

Paycheck Protection Program loan, payable to Financial institution, 1% interest, principal and interest deferred six months, payments starting in November, 2020, due in 2022

 

 

174,420

 

 

 

-

 

Small Business Loan, payable to financial institution, 3.75% interest, payments starting in June 2021, due in 2050

 

 

150,000

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Total notes payable

 

$

747,438

 

 

$

379,825

 

Less current portion

 

 

525,175

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Notes payable, net of current portion

 

$

222,263

 

 

$

379,825

 

Schedule of future maturities of notes payable

2021

 

$

525,175

 

2022

 

 

48,735

 

2023

 

 

12,807

 

2024

 

 

13,868

 

2025

 

 

6,115

 

Thereafter

 

 

140,738

 

Notes Payable

 

$

747,438