Digital Brands Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

LIABILITIES AND DEBT - Loan Payable - PPP and SBA Loan (Details)

v3.23.1

LIABILITIES AND DEBT - Loan Payable - PPP and SBA Loan (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	May 31, 2021
LIABILITIES AND DEBT
Outstanding balance	$ 798,759	$ 297,438
H&J
LIABILITIES AND DEBT
Note payable - related party	$ 129,489	129,489
Aggregate principal amount			$ 75,000
Promissory note, annual interest rate (as a percent)	7.76%
Interest rates of notes	12.00%
Interest rate	7.76%
Outstanding balance	$ 73,187	73,187
PPP Loan \| Bailey LLC
LIABILITIES AND DEBT
Convertible Note Payable, Net	933,295	933,295
Economic Injury Disaster Loan
LIABILITIES AND DEBT
Aggregate principal amount	146,707	$ 147,438
Merchant Advances
LIABILITIES AND DEBT
Net proceeds	1,040,148
Repayments of debt	$ 1,613,457

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The amount for notes payable (written promise to pay), due to related parties. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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