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Notes Payable (Tables)
12 Months Ended
Dec. 31, 2014
Notes Payable [Abstract]  
Schedule of notes payable
Notes payable consist of the following:

 
 
December 31,
 
 
2014
 
2013
Note payable to a Bank, maturing June 2021; with monthly payments of approximately $25,000 of principal and interest fixed at 3.99%; collateralized by principally all assets of the Company.
 
$
1,814,825

 
$
2,043,832

Note payable to a Bank, maturing April 2021; with monthly payments of approximately $6,200 of principal and interest at prime at variable rate (5.29% at December 31, 2013); collateralized by certain property of the Company.
 
398,964

 
445,882

Installment notes, collateralized by certain machinery and equipment maturing at various dates, primarily through 2016, with interest at 1.0% through 6.7%.
 
380,396

 
419,299

 
 
 
 
 
Line of credit evidenced by a note payable to a Bank, with the maximum amount of $2,000,000, maturing September 12, 2015, with interest only payments and an initial rate of 4.49% adjustable monthly. The loan is collateralized by a first lien position on the Company's accounts receivable and inventory and a second lien position on all other business assets.
 

 

 
 
 
 
 
 
 
2,594,185

 
2,909,013

Less current maturities
 
363,821

 
364,204

 
 
 
 
 
 
 
$
2,230,364

 
$
2,544,809

Schedule of maturities of notes payable and capital leases
The aggregate amounts of notes payable maturing in each of the next five years and thereafter are as follows:

Year Ending December 31,
 
 
 
2015
$
363,821

2016
368,270

2017
384,480

2018
390,342

2019
362,751

Thereafter
724,521

 
 

 
$
2,594,185