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Note 13 - CEBA Loan Payable
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Loan Payable , Disclosure [Text Block]

NOTE 13 CEBA LOAN PAYABLE

 

The Canada Emergency Business Account (“CEBA”) loan payable of $31,552 (CAD 40,000) as of December 31, 2021 to Royal Bank of Canada is unsecured, non-interest bearing until December 2022 and interest bearing at 5% thereafter. If the loan is not repaid by December 31, 2023, the principal balance increases by $15,776 (CAD 20,000). The loan principal is due in full at the maturity date of December 2025.