September 30,
2016

September 30,
2015

Base Rate Revolver Loan- interest rate based on prime rate adjusted for fixed coverage ratio (table below), maturity date July 6, 2020

$

222,590

$

7,225,745

Base Rate Term Loan- interest rate based on prime rate adjusted for fixed coverage ratio (table below) fixed coverage ratio, maturity date July 6, 2020

–

7,628,438

Note Payable to Bank, due September 24, 2021. 59 monthly payments of $84,273 with a final payment in the amount of $584,273, interest at 3.8905%, secured by Equipment

4,931,937

–

Note payable to STORE Capital Acquisitions, LLC, due June 13, 2056, monthly principal and interest payments of $73,970, interest at 9.25% per annum, secured by land and buildings

9,351,796

–

Note Payable to Bank, due December 31, 2017, with interest at 6.25%

198,569

–

Note Payable to Bank, due December 31, 2017, with interest at 5%

249,765

–

Credit line due January 1, 2024, with interest rate of 2.75%

–

669,351

Note payable to individual, payable on demand, interest at 10.0% per annum, unsecured

–

92,441

Acquisition note payable, due September 6, 2016, as amended, non-interest bearing

–

395,251

Note payable to individual, payable within 90 days of a written demand notice, interest at 11% per annum, unsecured

206,529

–

Note payable to individual, payable within 90 days of a written demand notice, interest at 10% per annum, unsecured

500,000

–

Note payable to individual, payable within 120 days of a written demand notice, interest at 8.25% per annum, unsecured

225,000

–

Total debt

15,886,186

16,011,226

Less unamortized debt issuance costs

(414,025

)

–

Net amount

15,472,161

16,011,226

Less current portion

(1,789,289

)

(1,443,036

)

Long-term portion

$

13,682,872

$

14,568,190