Subsequent Events	12 Months Ended
Dec. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 – SUBSEQUENT EVENTS On January 15, 2021, the Company entered into a one-year office lease at a rate of $345 per month. On January 25, 2021, the Company received $42,792 from the Paycheck Protection Program (the “Loan”) established under the Consolidated Appropriations Act of 2020. The proceeds of this loan may be fully forgiven in the event that at least 60% is used for payroll and the balance for utilities within the first 24 weeks of receipt of the proceeds. The Company intends to use the entire proceeds on payroll and anticipates that the Loan will be forgiven. The term of the Loan, less any forgiven portion, is for 5 years at an annual rate of interest of 1.0%. On February 1, 2021, the Company received an unsolicited investment of $105,400 via wire transfer. To date, there has been no claim by the investor either as to their identity or the price per share intended. A review by the Company’s bank resulted in the funds being made available to the Company on April 30, 2021. The Company is currently seeking the investor’s nominee. On May 28, 2021, the Company was notified that it had been approved for forgiveness of $43,254 by the SBA from its Payroll Protection Plan Loan. The remaining $3,446 has been converted to an amortizing term loan with a first payment due on July 13, 2021, which has been fully repaid. On June 28, 2021, the Company entered into a Revenue Based Factoring Agreement with a third party. Under the agreement, the Company has sold $91,700 (the “Purchase Price”) in future accounts and contract rights for $70,000. The advance was received by the Company on July 1, 2021. A portion of the proceeds was used to satisfy the balance due on the November 18, 2020 Factoring Agreement described in Note 3. The difference between the amount sold and the purchase price of $21,700 has been recorded as a debt discount. In exchange for the purchased amount, the Company authorized the third party to ACH debit $373 daily from the Company’s bank account until the purchased amount is fully received.

Subsequent Events

12 Months Ended

Dec. 31, 2020

NOTE 8 – SUBSEQUENT EVENTS

On January 15, 2021, the Company entered into a one-year office lease at a rate of $345 per month.

On January 25, 2021, the Company received $42,792 from the Paycheck Protection Program (the “Loan”) established under the Consolidated Appropriations Act of 2020. The proceeds of this loan may be fully forgiven in the event that at least 60% is used for payroll and the balance for utilities within the first 24 weeks of receipt of the proceeds. The Company intends to use the entire proceeds on payroll and anticipates that the Loan will be forgiven. The term of the Loan, less any forgiven portion, is for 5 years at an annual rate of interest of 1.0%.

On February 1, 2021, the Company received an unsolicited investment of $105,400 via wire transfer. To date, there has been no claim by the investor either as to their identity or the price per share intended. A review by the Company’s bank resulted in the funds being made available to the Company on April 30, 2021. The Company is currently seeking the investor’s nominee.

On May 28, 2021, the Company was notified that it had been approved for forgiveness of $43,254 by the SBA from its Payroll Protection Plan Loan. The remaining $3,446 has been converted to an amortizing term loan with a first payment due on July 13, 2021, which has been fully repaid.

On June 28, 2021, the Company entered into a Revenue Based Factoring Agreement with a third party. Under the agreement, the Company has sold $91,700 (the “Purchase Price”) in future accounts and contract rights for $70,000. The advance was received by the Company on July 1, 2021. A portion of the proceeds was used to satisfy the balance due on the November 18, 2020 Factoring Agreement described in Note 3. The difference between the amount sold and the purchase price of $21,700 has been recorded as a debt discount. In exchange for the purchased amount, the Company authorized the third party to ACH debit $373 daily from the Company’s bank account until the purchased amount is fully received.

EMR Technology Solutions, Inc. 10-K