Quarterly report pursuant to Section 13 or 15(d)

Loans Payable (Details)

v3.20.2
Loans Payable (Details) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
May 31, 2020
Sep. 30, 2020
Sep. 30, 2020
Sep. 30, 2019
Loans Payable (Textual)
Received loan proceeds $ 1,592,429 $ 1,592,429
Loan maturity date 2 years
Interest rate, description the total principal owed under the PPP Loans, $907,129 bears interest at 0.98% per annum and $685,300 bears interest at 1.00% per annum, respectively. Monthly amortized principal and interest payments are deferred for six months after the date of disbursement. While the PPP Loans currently have two-year maturities, the amended law permits the borrower to request five-year maturities from its lenders.
Interest expenses $ 3,936 $ 6,626