NOTE PAYABLE - LINE OF CREDIT
|
9 Months Ended |
---|---|
Sep. 30, 2013
|
|
NOTE PAYABLE - LINE OF CREDIT [Abstract] | |
NOTE PAYABLE - LINE OF CREDIT |
NOTE 11 - NOTE PAYABLE - LINE OF CREDIT The Company has a line of credit with Wells Fargo Bank. The line of credit provides for borrowings up to $40,000. The balance as of September 30, 2013 and December 31, 2012 was $39,949 and $37,028, respectively. The interest rate is the Prime Rate plus 3%. The CEO of the Company is the personal guarantor. The line of credit is ongoing with no expiration date. |
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The entire disclosure for notes payable pertaining to a line of credit. No definition available.
|