General form of registration statement for all companies including face-amount certificate companies

Government Loans (Tables)

v3.22.2
Government Loans (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Government Loans    
Schedule of loans
       
    March 31, 2022   December 31, 2021
         
Principal outstanding   $ 404,780     $ 423,089  
Deferred loan costs, net of amortization     (3,268 )     (3,496 )
Subtotal     401,512       419,593  
Less current portion     (74,739 )     (74,134 )
                 
Total long term portion   $ 326,773     $ 345,459  
               
    December 31, 2021   December 31, 2020
         
Principal outstanding   $ 423,089     $ 679,866  
Deferred loan costs, net of amortization     (3,496 )     (4,408 )
Subtotal     419,593       675,458  
Less current portion     (74,134 )     (53,858 )
                 
Total long term portion   $ 345,459     $ 621,600  
Schedule of Expected Benefit Payments [Table Text Block]  
Payments expected for year ended   December 31,
2021
  2022     $ 87,584  
  2023       87,584  
  2024       77,483  
  2025       58,728  
  2026       22,334  
  Thereafter       208,529  
  Subtotal       542,242  
  Less interest portion       (119,153 )
             
  Total debt balance     $ 423,089