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NOTE PAYABLE - LINE OF CREDIT
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9 Months Ended |
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Sep. 30, 2013
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| 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. |
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- Details
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- Definition
The entire disclosure for notes payable pertaining to a line of credit. No definition available.
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