Note 17 - Subsequent Event

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Subsequent Events [Text Block]

17. SUBSEQUENT EVENT

The Coronavirus Aid, Relief and Economic Security (CARES) Act, signed into law in

March 2020,

established the Paycheck Protection Program (PPP). The PPP authorizes up to

$349

billion in forgivable loans to small businesses. Loan amounts are forgiven to the extent proceeds are used to cover documented payroll, mortgage interest, rent, and utility costs over an

8

week measurement period following loan funding. Loans have a maturity of

2

years and an interest rate of

1%.

  Prepayments

may

be made without penalty. In

April 2020,

the Company received loan funding of approximately

$246,000

under the Payroll Protection Program.