XML 24 R12.htm IDEA: XBRL DOCUMENT v3.21.2
NOTES PAYABLE
6 Months Ended
Jun. 30, 2021
Debt Disclosure [Abstract]  
Debt Disclosure [Text Block]
NOTE 6 - NOTES PAYABLE
 
Notes payable at June 30, 2021 and December 31, 2020 consist of the following:
 
 
 
June 30, 2021
 
 
December 31, 2020
 
 
 
 
 
 
 
 
Note payable to insurance companies, payable $1,839 - $15,124 monthly, (a)
 
$
33,270
 
 
$
133,081
 
 
 
 
33,270
 
 
 
133,081
 
Less: Current Portion
 
 
(33,270
)
 
 
(133,081
)
 
 
 
 
 
 
 
 
 
Notes Payable, Long-Term Portion
 
$
-
 
 
$
-
 
 
(a)
On October 2020, the Company signed two notes payable with interest rate of 4.04% and 6.89% with an insurance company for liability insurance, payable in 10 monthly installment payments which started on November 2020.
 
During the three months ended June 30, 2021 and 2020, the Company's interest payments totalled $985 and $1,288, respectively. During the six months ended June 30, 2021 and 2020, the Company’s interest payments totalled $1,970 and $3,358, respectively.