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LOAN PAYABLE
6 Months Ended
Jun. 30, 2024
LOAN PAYABLE  
LOAN PAYABLE

NOTE 5. LOAN PAYABLE

 

As of June 30, 2024 and December 31, 2023, the balance of notes payable was $-0- and $18,670, respectively. On February 28, 2023 the Company entered into a Paypal Business Loan at an annual interest rate of 19.19%. This facility allows for borrowings up to a maximum of $90,000. The Company initially borrowed $50,000 under this loan agreement and is required to pay $1,730.77 per week for 52 weeks until the loan is paid off.