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LINES OF CREDIT – RELATED PARTIES
3 Months Ended
Mar. 31, 2024
Related Party [Member]  
Defined Benefit Plan Disclosure [Line Items]  
LINES OF CREDIT – RELATED PARTIES

15. LINES OF CREDIT – RELATED PARTIES

 

Principal due under the lines of credit – related parties was as follows at March 31, 2024 and December 31, 2023:

   March 31, 2024   December 31, 2023 
         
Lines of credit 15% - 18%  $3,500,000   $3,425,000 

 

Interest expense under lines of credit – related parties was $169,962 and $69,375 for the three months ended March 31, 2024 and 2023, respectively.