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

9 Months Ended

Sep. 30, 2022

Paycheck Protection Program Loans And Economic Injury Disaster Loans

Schedule of EIDL loan balances

EIDL loan balances at September 30, 2022 consist of the following:

	September 30, 2022			December 31, 2021
July 9, 2020, WCI received an additional Economic Injury Disaster Loan, including accrued interest of $12,043 and $8,424 as of September 30, 2022 and December 31, 2021, 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 2022, and matures July 2050.		161,943			158,324
Less: Current maturities		(3,343	)		-
Long-term portion of economic injury disaster loan	$	158,600		$	158,324