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NOTES PAYABLE (Tables)
3 Months Ended
Mar. 31, 2025
NOTES PAYABLE  
Schedule of notes payable - related party

 

 

March 31,

2025

 

 

December 31,

2024

 

Related Party:

 

 

 

 

 

 

Note payable to Craig Holland, non-interest bearing, maturing on December 31, 2025

 

$6,925

 

 

$6,925

 

Convertible note payable to Craig Holland, non- interest bearing, maturing on December 31, 2025

 

 

186,450

 

 

 

186,450

 

Convertible note payable to Mick Donahoo, non- Interest bearing, maturing on December 31, 2025

 

 

186,450

 

 

 

186,450

 

 

 

 

 

 

 

 

 

 

Other:

 

 

 

 

 

 

 

 

Small Business Loan, payable to financial institution, 3.75% interest, payments of $731, due in 2050

 

 

150,000

 

 

 

150,000

 

Merchant loan, repayment rate of 17% of daily sales, due April 2026

 

 

63,639

 

 

 

113,271

 

 

 

 

 

 

 

 

 

 

Total notes payable

 

$593,464

 

 

$643,096

 

Less current portion

 

 

443,464

 

 

 

493,096

 

 

 

 

 

 

 

 

 

 

Notes payable, net of current portion

 

$150,000

 

 

$150,000

 

Schedule of future maturities of notes payable

December 31,

 

Amount

 

2025

 

$443,464

 

2026

 

 

-

 

2027

 

 

-

 

2028

 

 

1,883

 

2029

 

 

3,274

 

Thereafter

 

 

144,843

 

Notes Payable

 

$593,464