PAYROLL PROTECTION PROGRAM LOAN (Details) - USD ($) |
3 Months Ended | 9 Months Ended | |||
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Apr. 25, 2020 |
Jun. 30, 2021 |
Jun. 30, 2020 |
Jun. 30, 2021 |
Jun. 30, 2020 |
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Gain on forgiveness of loan | $ 178,229 | $ 0 | $ 178,229 | $ 0 | |
PPP Loan | |||||
Unsecured loan amount | $ 176,300 | ||||
Term of the debt (in years) | 2 years | ||||
Interest rate (as a percent) | 1.00% | ||||
Payments of principal and interest (in monthly) | $ 20,000 | ||||
Gain on forgiveness of loan | $ 178,000 | $ 178,000 |
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- Definition Amount of income (expense) related to nonoperating activities from debt forgiveness, classified as other. No definition available.
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the required periodic payments including both interest and principal payments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition The cash inflow from the issuance of long-term debt that is not secured by collateral. Excludes proceeds from tax exempt unsecured debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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