General form of registration statement for all companies including face-amount certificate companies

13. Loans (Tables)

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13. Loans (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Debt Disclosure [Abstract]    
Economic Injury Disaster Loan

Borrower will use all of the proceeds from this Loan solely as working capital to alleviate economic injury caused by disaster occurring in the month of January 31, 2020 and continuing thereafter.

  

    March 31,
2021
    December 31,
2020
 
SBA Loan   $ 664,157     $ 396,860  
Bank Loan     1,496,400        
Total     2,160,557       396,860  
Less: current portion     (355,021 )     (194,125 )
Long term portion   $ 1,805,536     $ 202,735  

Borrower will use all the proceeds of this Loan solely as working capital to alleviate economic injury caused by disaster occurring in the month of January 31, 2020 and continuing thereafter.

 

    December 31, 2020  
SBA Loan   $ 396,860  
Less: current portion     (194,125 )
Long term portion   $ 202,735