| Schedule of current portion of loans payable |
| |
|
Simple
Interest Rate |
|
|
December 31,
2020 |
|
|
December 31,
2019 |
|
| Loan payable issued September 18, 2019 |
|
8% |
|
|
$ |
50,000 |
|
|
$ |
50,000 |
|
| Loan payable issued October 29, 2019 |
|
8% |
|
|
|
69,250 |
|
|
|
66,250 |
|
| Loan payable issued February 5, 2020 |
|
8% |
|
|
|
3,500 |
|
|
|
- |
|
| Loan payable issued March 31, 2020 |
|
8% |
|
|
|
4,537 |
|
|
|
- |
|
| Loan payable issued June 8, 2020 |
|
8% |
|
|
|
5,000 |
|
|
|
- |
|
| Loan payable issued June 8, 2020 |
|
8% |
|
|
|
5,000 |
|
|
|
- |
|
| Kingsbrook loan issued June 12, 2020 |
|
15% |
|
|
|
150,000 |
|
|
|
- |
|
| Loan payable issued July 15, 2020 * |
|
8% |
|
|
|
4,695 |
|
|
|
- |
|
| Loan payable issued October 13, 2020 |
|
8% |
|
|
|
13,337 |
|
|
|
- |
|
| Loan payable issued December 10, 2020 |
|
3% |
|
|
|
655,594 |
|
|
|
- |
|
| Current portion of PPP Loans (1)
|
|
1% |
|
|
|
7,533 |
|
|
|
- |
|
| |
|
|
|
|
$ |
968,446 |
|
|
$ |
116,250 |
|
|
| Schedule of current portion of loans payable |
| |
|
Simple
Interest |
|
|
December 31, |
|
|
Maturity |
|
| |
|
Rate |
|
|
2020 |
|
|
Date |
|
| PPP loan payable issued May 5, 2020 |
|
1.0% |
|
|
|
51,051 |
|
|
5/4/2022 |
|
| PPP loan payable issued April 24, 2020 |
|
1.0% |
|
|
|
2,000 |
|
|
4/23/2022 |
|
| BBLS loan payable issued June 10, 2020 |
|
2.5% |
|
|
|
68,245 |
|
|
6/10/2026 |
|
| Subtotal |
|
|
|
|
|
121,296 |
|
|
|
|
| Less: Current portion of PPP loans (see above) |
|
|
|
|
|
(7,533 |
) |
|
|
|
| |
|
|
|
|
$ |
113,763 |
|
|
|
|
|
| Schedule of related party loans payable |
| |
|
|
Simple
Interest Rate |
|
|
December 31,
2020 |
|
|
December 31,
2019 |
|
| Loan payable issued September 18, 2019 |
|
|
8% |
|
|
$ |
50,000 |
|
|
$ |
50,000 |
|
| Loan payable issued October 8, 2019 |
|
|
0% |
|
|
|
4,000 |
|
|
|
4,000 |
|
| Loan payable issued October 20, 2019 * |
|
|
8% |
|
|
|
81,463 |
|
|
|
79,572 |
|
| Loan payable issued October 28, 2019 * |
|
|
8% |
|
|
|
7,088 |
|
|
|
6,887 |
|
| Loan payable issued October 29, 2019 |
|
|
8% |
|
|
|
40,000 |
|
|
|
40,000 |
|
| Loan payable issued October 29, 2019 |
|
|
8% |
|
|
|
10,000 |
|
|
|
10,000 |
|
| Loan payable issued November 27, 2019 * |
|
|
8% |
|
|
|
20,515 |
|
|
|
19,933 |
|
| Loan payable issued December 11, 2019 |
|
|
8% |
|
|
|
10,342 |
|
|
|
10,133 |
|
| Loan payable issued January 14, 2020 |
|
|
8% |
|
|
|
4,726 |
|
|
|
- |
|
| Loan payable issued January 20, 2020 |
|
|
8% |
|
|
|
137,382 |
|
|
|
- |
|
| Loan payable issued January 30, 2020 * |
|
|
8% |
|
|
|
7,088 |
|
|
|
- |
|
| Loan payable issued February 5, 2020 |
|
|
8% |
|
|
|
3,500 |
|
|
|
- |
|
| Loan payable issued February 28, 2020 * |
|
|
8% |
|
|
|
19,261 |
|
|
|
- |
|
| Loan payable issued March 31, 2020 |
|
|
8% |
|
|
|
4,537 |
|
|
|
- |
|
| Loan payable issued April 2, 2020 |
|
|
8% |
|
|
|
1,871 |
|
|
|
- |
|
| Loan payable issued April 2, 2020 |
|
|
8% |
|
|
|
1,564 |
|
|
|
- |
|
| Loan payable issued April 13, 2020 |
|
|
8% |
|
|
|
12,875 |
|
|
|
- |
|
| Loan payable issued April 13, 2020 |
|
|
8% |
|
|
|
12,905 |
|
|
|
- |
|
| Loan payable issued April 27, 2020 * |
|
|
8% |
|
|
|
7,962 |
|
|
|
- |
|
| Loan payable issued May 19, 2020 |
|
|
8% |
|
|
|
2,152 |
|
|
|
- |
|
| Loan payable issued May 30, 2020 * |
|
|
8% |
|
|
|
7,962 |
|
|
|
- |
|
| Loan payable issued May 30, 2020 |
|
|
8% |
|
|
|
7,890 |
|
|
|
- |
|
| Loan payable issued June 17, 2020 |
|
|
8% |
|
|
|
485 |
|
|
|
- |
|
| Loan payable issued July 15, 2020 |
|
|
8% |
|
|
|
5,503 |
|
|
|
- |
|
| Loan payable issued August 25, 2020 * |
|
|
8% |
|
|
|
9,162 |
|
|
|
- |
|
| Loan payable issued October 8, 2020 * |
|
|
8% |
|
|
|
8,796 |
|
|
|
- |
|
| Loan payable issued October 15, 2020 |
|
|
8% |
|
|
|
10,094 |
|
|
|
- |
|
| Loan payable issued October 14, 2020 * |
|
|
8% |
|
|
|
4,544 |
|
|
|
- |
|
| Loan payable issued October 1, 2020 * |
|
|
8% |
|
|
|
10,253 |
|
|
|
- |
|
| Loan payable issued November 4, 2020 * |
|
|
8% |
|
|
|
9,162 |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
$ |
513,082 |
|
|
$ |
220,525 |
|
|