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RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2023
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 9 - RELATED PARTY TRANSACTIONS

 

Notes Payable and Accrued Interest – Related Parties

 

For information on related party loans to the Company and other related party transactions, see Notes 5 and 6, Operating Lease and Notes Payable.

 

The accrued interest and interest expenses recorded for related party loans are shown below.

 

   March 31, 2023   December 31, 2022 
Accrued Interest          
Related party loan-QJ&N  $944,142   $796,891 
Related party loan-CEO loan   320,925    271,585 
Related party loan – Line of credit   428,106    282,869 

 

   Three months ended
March 31, 2023
   Three months ended
March 31, 2022
 
Interest Expense          
Related party loan-J&N  $147,251   $130,678 
Related party loan-CEO loan   49,341    44,664 
Related party loan – Line of Credit   145,237    30,135