Note 11 - Line of Credit

3 Months Ended

Jun. 30, 2020

Notes to Financial Statements

Debt Disclosure [Text Block]

NOTE

11

 – LINE OF CREDIT

On

June 15, 2018,

the Company obtained an unsecured revolving line of credit, with a limit of

$400,000.

  The line expires

May 15, 2021

,

renewing automatically every year.  The Company is required to make monthly interest payments, at a rate of

3.875%

as of

June 30, 2020.

Any unpaid principal will be due upon maturity.  At

June 30, 2020

and

March 31, 2020,

the outstanding balance was

$55,000

and

$30,000,

respectively.