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Notes Payable (Details Narrative) - Paycheck Protection Program [Member] - FirsTier Bank [Member]
Apr. 15, 2020
USD ($)
Proceeds from loan $ 950,000
Debt instrument matures date Apr. 15, 2022
Debt instrument interest rate 1.00%
Debt instrument description The Company received loan proceeds of approximately $950,000 (the "PPP Loan") from FirsTier Bank, pursuant to the Paycheck Protection Program (the "PPP") under Division A, Title I of the CARES Act, which was enacted March 27, 2020. The PPP Loan, which was in the form of a Note dated April 15, 2020 issued to the Company, matures on April 15, 2022 and bears interest at a rate of 1% per annum, payable monthly commencing on November 15, 2020.
Prepayment penalties