Annual report pursuant to Section 13 and 15(d)

Notes Payable

v3.21.4
Notes Payable
12 Months Ended
Sep. 30, 2021
Notes Payable  
Notes Payable

8. Notes Payable

Insurance Note Payable

As of September 30, 2021 and 2020, the Company had the following insurance notes payable outstanding:

    

    

Stated

    

    

    

Interest

Original

Balance at September 30,

Maturity Date

Rate

Principal

2021

2020

Issurance Note Payable

2020 Insurance Note

 

December 2020

 

5.25

%  

$

365,430

$

$

138,557

2021 Insurance Note

 

January 2022

 

4.99

%  

 

391,625

 

148,385