Notes Payable (Details Narrative) - USD ($) |
3 Months Ended | 12 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
May 11, 2021 |
Feb. 08, 2021 |
Jul. 14, 2020 |
Apr. 22, 2020 |
Mar. 31, 2021 |
Mar. 31, 2020 |
Dec. 31, 2020 |
Apr. 30, 2021 |
|
Note payable | $ 25,000 | |||||||
Debt instrument, interest rate | 12.00% | |||||||
Debt instrument, maturity date | Jul. 31, 2020 | |||||||
Interest charges | $ 48,175 | $ 45,593 | ||||||
Subsequent Event [Member] | ||||||||
Debt instrument, maturity date | Jun. 11, 2021 | |||||||
Paycheck Protection Program [Member] | Lender [Member] | ||||||||
Proceeds from loan | $ 211,359 | $ 211,300 | ||||||
Note payable, description | The Company received a Second Draw Paycheck Protection Program ("PPP") loan for $211,359, which was funded on February 8, 2021. Under the terms of the program, the loan amount may be forgiven if certain terms and conditions are met. The unforgiven amount, if any, matures five (5) years from issuance and accrues interest at 1% per annum with principal and interest payments deferred until the SBA remits the Company's loan forgiveness amount to the lender. If the Company does not apply for loan forgiveness, payments will be deferred 10 months after the end of the covered period for loan forgiveness (24 weeks following loan disbursement). Management believes the loan will be eligible for forgiveness in accordance with the terms of the program | The Company received a Paycheck Protection Program ("PPP") loan under the U.S. Small Business Administration (the "SBA") for $211,300, which was funded on April 22, 2020. Under the terms of the program, up to 100% of the loan amount may be forgiven if certain terms and conditions are met. The unforgiven amount, if any, matures two (2) years from issuance and accrues interest at 1% per annum with principal and interest payments deferred until the SBA remits the Company's loan forgiveness amount to the lender. The Company applied for forgiveness in May 2021. Management believes the loan is eligible for forgiveness in accordance with the terms of the program. If the loan amount is not forgiven in full, the Company expects to repay any unforgiven amount within one year of March 31, 2021, so the loan amount is recorded as a current liability. | ||||||
Note Payable [Member] | ||||||||
Interest charges | 822 | 0 | ||||||
Accrued and unpayable | $ 2,289 | $ 0 | ||||||
Note Payable [Member] | Economic Injury Disaster Loan [Member] | ||||||||
Proceeds from advance | $ 10,000 | |||||||
Note Payable [Member] | Economic Injury Disaster Loan [Member] | Subsequent Event [Member] | ||||||||
Note payable | $ 500,000 |