v3.20.2

Lines of Credit (Details) - USD ($) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
Borrowing Limit | $ 12,200,673 | $ 12,300,000 | $ 10,500,000 | $ 10,500,000
Principal Borrowed | 12,200,673 | 11,757,325 | 11,024,235 | 10,398,249
Accrued Interest | 8,271,437 | 7,553,382 | 6,237,415 | 4,949,593
Total Outstanding | $ 20,472,110 | $ 19,310,707 | $ 17,261,650 | $ 15,347,842
Chairman and CEO |  |  |  |
Interest Rate | 1.00% | 1.00% | 1.00% | 1.00%
Borrowing Limit | $ 10,300,000 | $ 10,300,000 | $ 8,500,000 | $ 8,500,000
Repayment Terms | Due on Demand | Due on Demand | Due on Demand | Due on Demand
Principal Borrowed | $ 10,200,673 | $ 9,757,325 | $ 9,024,235 | $ 8,398,249
Accrued Interest | 6,175,119 | 5,576,997 | 4,501,030 | 3,453,208
Total Outstanding | $ 16,375,792 | $ 15,334,322 | $ 13,525,265 | $ 11,851,457
Security | General Security over Assets | General Security over Assets | General Security over Assets | General Security over Assets
Purpose | General Corporate Requirements | General Corporate Requirements | General Corporate Requirements | General Corporate Requirements
Wife of Chairman |  |  |  |
Interest Rate | 1.00% | 1.00% | 1.00% | 1.00%
Borrowing Limit | $ 2,000,000 | $ 2,000,000 | $ 2,000,000 | $ 2,000,000
Repayment Terms | Due on Demand | Due on Demand | Due on Demand | Due on Demand
Principal Borrowed | $ 2,000,000 | $ 2,000,000 | $ 2,000,000 | $ 2,000,000
Accrued Interest | 2,096,318 | 1,976,385 | 1,736,385 | 1,496,385
Total Outstanding | $ 4,096,318 | $ 3,976,385 | $ 3,736,385 | $ 3,496,385
Security | General Security over Assets | General Security over Assets | General Security over Assets | General Security over Assets
Purpose | General Corporate Requirements | General Corporate Requirements | General Corporate Requirements | General Corporate Requirements

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- Definition The effective interest rate at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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