9. Equipment Notes Payable |
9 Months Ended |
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Sep. 30, 2015 | |
Notes to Financial Statements | |
Note 9. Equipment Notes Payable |
On September 30, 2015, the Company entered into a retail installment purchase contract in the amount of $57,007, secured by a 2016 Dodge Ram 5500 purchased on that date. This installment loan bears interest at a fixed rate of 4.22% and the Company shall make 60 monthly payments of $1,056 beginning October 30, 2015. |
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