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NOTES PAYABLE (Tables)
12 Months Ended
Jun. 30, 2022
NOTES PAYABLE  
Schedule of long-term debt

June 30,

June 30, 

Payee

    

Terms

    

2022

    

2021

Nodaway Valley Bank

$350,000 line-of-credit agreement expiring on January 4, 2023, with a variable interest rate at prime but not less than 5%. The line of credit is collateralized by substantially all assets of the Company.

$

120,000

$

120,000

  

 

  

 

  

Toyota Credit

$444 monthly payments, interest of 6.49%; matured May 2022, secured by a vehicle.

 

 

4,730

  

 

  

 

  

Total

 

120,000

 

124,730

Less Current Portion

 

120,000

 

124,730

Long-Term Portion

$

$