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Revolving Line of Credit (Details Narrative)
9 Months Ended
Nov. 30, 2020
USD ($)
Letters of Credit  
Line of credit amount $ 941,000 [1]
Line of credit unused credit line 559,000
Revolving Line of Credit  
Line of credit amount $ 1,500,000
Line of credit interest rate 3.25%
Line of credit description The revolving credit line is collateralized by the Company's accounts receivable and inventory. The revolving credit line is payable on demand and must be retired for a 30-day period, once annually. If the Company fails to perform the 30-day annual pay down or if the bank elects to terminate the credit line, the bank may, at its option, convert the outstanding balance to a 36-month term note with payments including interest in 36 equal installments.
[1] The letters of credit expire at various times in the fiscal years ending February 28, 2021 and 2022.