MRNJ OTCMarkets PUBLISH DATE March 24,2023 Notes payable "On May 26, 2020, the Company obtained a federally guaranteed Payroll Protection Program loan in the amount of $18,333. The loan bears intertest at 1% and is expected to be forgiven prior to maturity in 2022. The balance on the loan was $18,333 at December 31, 2022 and December 31, 2021."
"On August 4, 2020, the Company obtained federally guaranteed Economic Injury Disaster Loan in the amount of $40,000. The loan bears interest at 3.75% interest and is due on August 4, 2030. Installment payments including principal and interest in the amount of $195 will begin on August 4, 2021. The balance on the loan was $40,000 at December 31, 2022 and December 31, 2021."