Equipment Notes Payable |
12 Months Ended | ||||||||||||||||||||||||||||||
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Dec. 31, 2018 | |||||||||||||||||||||||||||||||
Notes to Financial Statements | |||||||||||||||||||||||||||||||
Note 8 - Equipment Notes Payable |
The Company has retail installment purchase contracts on equipment outstanding of $167,650 and $228,826 as of December 31, 2018 and 2107, respectively. These loans bear interest rates ranging from 4.22% to 5.62% and mature through 2022.
As of December 31, 2018, scheduled principal payments due on convertible notes payable are as follows:
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