General form of registration statement for all companies including face-amount certificate companies

Long-Term Debt (Tables)

v3.21.4
Long-Term Debt (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Debt Disclosure [Abstract]    
Schedule of long-term debt
    2021     2020  
1.00%
Loan Payable - PPP Loan - Bank of America:
Due in monthly installments of $1,209
including interest to March 2025.
  $
-
    $ 770,062  
3.75%
Loan Payable - EIDL Loan - SBA:
Due in monthly installments of $731
including interest to April 2051.
    149,900       149,900  
        149,900       919,962  
  Current Portion     (3,858 )     (153,133 )
  Long-Term Debt   $ 146,042     $ 766,829  

 

      2020     2019  
1.00%
Loan Payable - PPP Loan - Bank of America: Due in monthly installments of $1,209     including interest to March 2025.   $ 770,062     $
-
 
3.75%
Loan Payable - EIDL Loan - SBA: Due in monthly installments of $731  including interest to April 2051.     149,900      
-
 
        919,962      
-
 
  Current Portion     (153,133 )    
-
 
  Long-Term Debt   $ 766,829     $
-
 

 

Schedule of aggregate maturities of indebtedness
2022   $ 3,858  
2023     3,441  
2024     3,571  
2025     3,704  
2026     3,843  
Thereafter     131,483  
    $ 149,900  
2021   $ 153,133  
2022     155,844  
2023     157,502  
2024     159,181  
2025     160,879  
Thereafter     133,423  
    $ 919,962