Notes Payable:

2021

2020

Note payable to a bank, due in monthly installments of $29,097 bearing interest at 4.99% due April 1, 2023 secured by related capital equipment

$

-

$

920,754

Unsecured Paycheck Protection Program loans which carries an interest rate of 1%. Principle payments begin on November 23, 2020 in the amount of $61,429.

-

1,109,350

$

-

$

2,030,104

Less current portion notes payable

-

(790,108

)

$

-

$

1,239,996