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Loan Payable
9 Months Ended
Sep. 30, 2021
Loan Payable  
Note 5 -Loan Payable

Note 5 –Loan Payable

 

On June 3, 2020, the Company entered in a line of credit agreement with third party for financing up to of $40,000 upon request of the Company for unlimited period. The line of credit was unsecured and each draw will incur 0% interest per annum at the time it was issued if repaid within 2 years. If after 2 years each draw shall incur, the interest is 9% per annum. During the three and nine months ended September 30, 2021, the Company utilized $3,000 and $5,500 of line of credit. As of September 30, 2021, the unpaid balance of line of credit was $20,260.