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Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

The following is a summary of long-term debt as of September 30, 2018 and December 31, 2017:

 

        2018     2017  
Promissory notes - Kabbage   (a)   $ 32,994     $ 33,063  
Notes payable - Swarn Singh   (b)     45,000       45,000  
Promissory notes – Loan Builder   (c)     16,219       -  
Other   (d)     6,000       -  
Total         100,213       78,063  
Current portion         100,213       78,063  
Total - net of current portion       $ -     $ -  

 

  (a) Multiple monthly loan agreements with Kabbage. Each of these loans has a six-month duration with interest and fees spread over the 6 months.
     
  (b) Note payable to Swarn Singh entered into January 2017 ($25,000) and February 2017 ($20,000), at interest rate of 15% annually (1.25% monthly). This is an unsecured loan. Interest expense on this loan for the nine months ended September 30, 2018 was $5,063. Accrued interest on this loan at September 30, 2018 is $11,396. Both notes are due December 31, 2018.
     
  (c) Business loan agreement in the amount of $18,000, payable in 52 weekly payments of $409, including interest.
     
  (d) Note payable to a driver for $7,500, issued in May 2018 as consideration for services, due in June 2018, and bearing no interest. During the nine months ended September 30, 2018, the Company made a payment of $1,500 against the note and the Company has withheld payment of the remaining amount pending receipt of amounts due from the service provider. This note is non-interest bearing.