14. Note Payable-Small Business Administration Loans and Grant	3 Months Ended
Mar. 31, 2021
Loans Payable [Abstract]
Note Payable-Small Business Administration Loans and Grant	On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (the “CARES Act”) Act was signed into United States law. On April 20, 2020, the Company received a loan of $443,400 pursuant to the Paycheck Protection Program (the “PPP”) under Division A, Title I of the CARES Act, which was enacted March 27, 2020. The loan, which was in the form of a Note dated April 20, 2020 had a maturity date on April 19, 2022 and an interest rate of 1% per annum. It is anticipated that the loan will be forgiven under the provisions of the CARES Act because the Company used the funds for qualifying expenses. Qualifying expenses included payroll costs, costs used to continue group health care benefits, rent, and utilities. The amount of the PPP loan will be recognized as gain on forgiveness of the CARES Act loan in the period the Company receives formal notification of forgiveness. The application for forgiveness was submitted to the bank on January 24, 2021, and the bank submitted the application to the SBA on February 12, 2021. On April 26, 2021, the bank notified the Company that the amount had been paid in full by the SBA.

14. Note Payable-Small Business Administration Loans and Grant

3 Months Ended

Mar. 31, 2021

Note Payable-Small Business Administration Loans and Grant

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (the “CARES Act”) Act was signed into United States law.

On April 20, 2020, the Company received a loan of $443,400 pursuant to the Paycheck Protection Program (the “PPP”) under Division A, Title I of the CARES Act, which was enacted March 27, 2020. The loan, which was in the form of a Note dated April 20, 2020 had a maturity date on April 19, 2022 and an interest rate of 1% per annum. It is anticipated that the loan will be forgiven under the provisions of the CARES Act because the Company used the funds for qualifying expenses. Qualifying expenses included payroll costs, costs used to continue group health care benefits, rent, and utilities. The amount of the PPP loan will be recognized as gain on forgiveness of the CARES Act loan in the period the Company receives formal notification of forgiveness. The application for forgiveness was submitted to the bank on January 24, 2021, and the bank submitted the application to the SBA on February 12, 2021. On April 26, 2021, the bank notified the Company that the amount had been paid in full by the SBA.