v3.25.2
Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Assets    
Loans receivable $ 7,868,250 $ 8,774,250
Cash 66,890 50,393
Interest receivable on loans 73,021 80,965
Due from Parent company 1,951,762 820,612
Prepaid expense 12,500
Total assets 9,972,423 9,726,220
Liabilities:    
Senior secured notes (net of deferred financing costs of $59,443 and $96,985, respectively) 5,940,557 5,903,015
Accrued interest payable 15,000 15,000
Total liabilities 5,955,557 5,918,015
Stockholder’s equity:    
Common shares - $.001 par value; 100 authorized, issued and outstanding
Additional paid-in capital 100 100
Retained earnings 4,016,766 3,808,105
Total stockholder’s equity 4,016,866 3,808,205
Total liabilities and stockholder’s equity $ 9,972,423 $ 9,726,220