| Summary of Debt |
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December 31,
|
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December 31,
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|
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2015
|
|
2014
|
|
Revolving line of credit
|
|
$
|
1,511,495
|
|
$
|
2,071,495
|
|
Equipment line of credit
|
|
$
|
336,850
|
|
$
|
—
|
|
Subordinated promissory notes
|
|
$
|
473,135
|
|
$
|
445,452
|
|
|
|
|
|
|
|
|
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Term notes payable:
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|
|
|
|
|
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Commercial term loan
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|
$
|
714,175
|
|
$
|
1,009,977
|
|
Equipment term loans
|
|
|
879,898
|
|
|
640,734
|
|
Equipment notes
|
|
|
116,214
|
|
|
170,385
|
|
Total term notes payable
|
|
$
|
1,710,287
|
|
$
|
1,821,096
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|
|
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|
|
|
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Total Debt
|
|
$
|
4,031,767
|
|
$
|
4,338,043
|
|
| Future Maturities of Debt |
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2016
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2017
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2018
|
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2019
|
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2020
|
Thereafter
|
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Total
|
|
Revolver
|
$
|
—
|
|
$
|
1,511,495
|
|
$
|
—
|
|
$
|
—
|
|
$
|
—
|
—
|
|
$
|
1,511,495
|
|
Subordinated promissory notes
|
|
500,000
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
—
|
|
|
500,000
|
|
Term debt and equipment notes
|
|
625,353
|
|
|
679,808
|
|
|
394,214
|
|
|
198,707
|
|
|
118,175
|
30,880
|
|
|
2,047,137
|
|
Total
|
$
|
1,125,353
|
|
$
|
2,191,303
|
|
$
|
394,214
|
|
$
|
198,707
|
|
$
|
118,175
|
30,880
|
|
$
|
4,058,632
|
|