Subsequent Events (Details Narrative) - Subsequent Event - SBA's Payroll Protection Program |
1 Months Ended |
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Apr. 30, 2020
USD ($)
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Subsequent Event [Line Items] | |
Proceeds received through a loan funded under the PPP | $ 896,000 |
Term of PPP loan | 2 years |
Interest rate | 1.00% |
Payment terms | Payable monthly from November 2020 through the remainder of the note’s term in equal monthly installments of principal and interest amounting to $50,424.18. |
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- Definition Period of time between issuance and maturity of Payroll Protection Program loan, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the payment terms of the debt instrument (for example, whether periodic payments include principal and frequency of payments) and discussion about any contingencies associated with the payment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from bank borrowing during the year. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. No definition available.
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