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Debt (Tables)
6 Months Ended
Jun. 30, 2017
Debt [Abstract]  
Summary of Debt



 

 

 

 

 

 



 

 

 

 

 

 



 

June 30,

 

December 31,



 

2017

 

2016

Revolving line of credit

 

$

2,670,000 

 

$

1,785,795 

Equipment line of credit

 

$

504,781 

 

$

102,500 

Subordinated promissory notes

 

$

436,471 

 

$

432,011 



 

 

 

 

 

 

Term notes payable:

 

 

 

 

 

 

Commercial term loan

 

$

2,187,403 

 

$

2,398,870 

Equipment term loans

 

 

 —

 

 

 —

Equipment notes

 

 

30,077 

 

 

59,461 

Total term notes payable

 

$

2,217,480 

 

$

2,458,331 



 

 

 

 

 

 

Total Debt

 

$

5,828,732 

 

$

4,778,637