Long Term Debt (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Loan Covenants

Continuity	March 31, 2020			December 31, 2019
Balance, January 1	$	4,380,393			4,351,743
Plus: Proceeds from loans		-			1,100,000
Less: Payments on loan		(201,027	)		(1,071,350	)
Balance, end of period	$	4,179,366		$	4,380,393

Schedule of Outstanding Balance Loan

Outstanding balance	March 31, 2020			December 31, 2019
a) Long term debt – Harris Bank	$	-		$	-
b) Long term debt – Harris Bank		2,970,238			3,116,667
b) Long term debt – Harris Bank		1,054,166			1,100,000
c) Long term debt – Midland States Bank		145,774			152,241
d) Long term debt – Ford Credit		9,188			11,485
Long-term Debt	$	4,179,366		$	4,380,393
Less: current portion		(1,197,186	)		(1,196,722	)
	$	2,982,180		$	3,183,671

Promissory Note One With Harris Bank [Member]

Schedule of Interest Loan Repayment

The Company has committed to the following repayments:

2020	$	739,285
2021	$	585,714
2022	$	585,714
2023	$	585,714
2024	$	473,811

Promissory Note Two With Harris Bank [Member]

Schedule of Interest Loan Repayment

The Company has committed to the following repayments:

2020	$	206,249
2021	$	275,000
2022	$	275,000
2023	$	275,000
2024	$	22,917

Promissory Note With Midland States Bank [Member]

Schedule of Interest Loan Repayment

The Company has committed to the following repayments:

2020	$	19,171
2021	$	25,562
2022	$	25,562
2023	$	25,562
2024	$	25,562

Promissory Note With Ford Motor Credit Company [Member]

Schedule of Interest Loan Repayment

The Company has committed to the following repayments:

2020	$	6,891
2021	$	2,297