Bank Midwest loan payable in monthly installments of $19,648 including interest at 6.25%, due October 1, 2037

$

1,637,455

$

1,666,762

Bank Midwest loan payable in monthly installments of $6,102 including interest at 6.25%, due October 5, 2035

505,156

514,406

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

153,645

154,381

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

154,636

154,880

Total term debt

$

2,450,892

$

2,490,429

Less current portion of term debt

167,811

165,326

Term debt, excluding current portion

$

2,283,081

$

2,325,103