v3.26.1
SBA EIDL Loan
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
SBA EIDL Loan

NOTE 5 – SBA EIDL Loan

 

On June 9, 2020, the Company received an Economic Injury Disaster Loan from the Small Business Administration in the amount of $35,600. The loan has a term of thirty years and an interest rate of 3.75% per annum. Payments in the amount of $174 monthly will begin twelve months from the date of the note. During the six months ended June 30, 2026 the Company paid $1,044 in interest.

 

    Amount 
Payment Obligations 
    Amount 
      
2026  $2,088 
2027   2,088 
2028   2,088 
2029 to 2050   26,186 
      
Total  $32,450