Bank Midwest loan payable in monthly installments of $19,648 including interest at 7.00%, due October 1, 2037

1,779,877

2,080,718

Bank Midwest loan payable in monthly installments of $2,972 including interest at 7.00%, due May 15, 2027

-

336,858

U.S. Small Business Administration loan payable in monthly installments of $731 including interest at 3.75% beginning December 18, 2022, due June 18, 2050

157,304

160,583

U.S. Small Business Administration loan payable in monthly installments of $731 including interest at 3.75% beginning December 18, 2022, due June 18, 2050

-

160,599

U.S. Small Business Administration loan payable in monthly installments of $731 including interest at 3.75% beginning December 24, 2022, due June 24, 2050

157,785

160,896

Total term debt

$

2,094,966

$

2,899,654

Less term debt of discontinued operations

$

-

160,599

Term debt, continuing operations

2,094,966

2,739,055

Less current portion of term debt

119,734

109,193

Term debt, excluding current portion

$

1,975,232

$

2,629,862