Note 6 - Long-term Debt

12 Months Ended

Dec. 31, 2015

Notes

Note 6 - Long-term Debt

Note 6 – Long-term Debt

In March 2011, the Company obtained a $14,000 loan from JPMorgan Chase Bank, N.A. and a $12,934 loan from JP Morgan Chase, London Branch to help finance UTMD’s purchase of Femcare.  The notes were fully paid off in February 2015.