Note 17 - Paycheck Protection Plan loans and Economic Injury Disaster Loans: Schedule of Paycheck protection plan loan balances (Tables)

9 Months Ended

Sep. 30, 2020

Tables/Schedules

Schedule of Paycheck protection plan loan balances

		September 30, 2020
April 23, 2020 loan from Bank of Southern California to Mentor Capital, Inc., including accrued interest of $270 at September 30, 2020. The note bears interest at 1% per annum, with a revised maturation date of January 23, 2023, with monthly principle and interest payments of $4,305 beginning August 23, 2021. The note may be forgiven in its entirety if used for eligible purposes.	$	76,770
May 5, 2020, loan from Republic Bank of Arizona to Waste Consolidators, Inc., including accrued interest of $1,529 at September 30, 2020. The note bears interest at 1% per annum, with a revised maturation date of November 6, 2022, with monthly principle and interest payments of $21,579 beginning June 6, 2021. The note may be forgiven for all except $10,000 if used for eligible purposes.		384,871
Total paycheck protection program loan balances		461,640
Less: Current maturities		90,574
Long-term portion of paycheck protection plan loans	$	371,066