Paycheck Protection Program Loans and Economic Injury Disaster Loans (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Schedule of paycheck protection plan loan balances

PPP loan balances consist of the following:

	September 30, 2021		December 31, 2020
May 5, 2020, PPP loan from Republic Bank of Arizona to Waste Consolidators, Inc., revised December 1, 2020. The note bears interest at 1% per annum, with a revised maturation date of May 15, 2020, with monthly principal and interest payments of $560 beginning December 15, 2020. On March 16, 2021, WCI was notified of full forgiveness of the note.	$	-	$	9,449
February 17, 2021, Second PPP loan from the Bank of Southern California, with accrued interest of $473 at September 30, 2021. The loan bears interest at 1% per annum and matures January 16, 2026. Mentor may apply for forgiveness for amounts disbursed for covered costs. Payment on any unforgiven amount begins within ten months after last day of the loan forgiveness covered period (i) beginning on the date that is 8 weeks after the date of disbursement and (ii) ending on the date that is 24 weeks after the date of disbursement. Subsequent to quarter end, on October 26, 2021, Mentor was notified of full forgiveness of the note, see Note 20.		77,066		-
Total		77,066		9,449
Less: Current maturities		-		(6,658	)
Long-term portion of paycheck protection plan loans	$	77,066	$	2,791

Schedule of EIDL loan balances

EIDL loan balances at September 30, 2021 consist of the following:

	September 30, 2021		December 31, 2020
July 9, 2020, WCI received an additional Economic Injury Disaster Loan, including accrued interest of $5,513 and $2,502 as of September 30, 2021 and December 31, 2020, respectively. The note is secured by all tangible and intangible personal property of WCI, bears interest at 3.75% per annum, requires monthly installment payments of $731 beginning July 2021, and matures July 2050.	$	156,862	$	152,602
Less: Current maturities*		-		-
Long-term portion of economic injury disaster loan	$	156,862	$	152,602

* All payments through March of 2023 will offset accrued interest incurred in the deferral period and therefore the current maturity of principal is $0 at September 30, 2021 and December 31, 2020.