| Schedule of debt obligations, excluding obligations under capital leases |
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December 30,
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January 1,
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2016
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2016
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Outstanding borrowings on delayed draw term loan
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$
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1,500,000
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$
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1,850,000
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Notes payable for 360 Energy Engineers, LLC, bearing interest at 4%, payable in monthly principal and interest installments of $88,752 through November 2017.
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1,031,000
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2,033,000
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Notes payable for Abacus, bearing interest at 4%, payable in monthly principal and interest installments of $54,281 through January 2017.
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54,000
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690,000
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Notes payable for insurance, bearing interest at 2.773%, payable in monthly principal and interest installments of $55,868 through October 2016.
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599,000
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551,000
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Notes payable for Genesys, bearing interest at .650%, payable in monthly principal and interest installments of $191,667 through March 2018.
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2,862,000
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—
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6,046,000
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5,124,000
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Less current portion
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3,972,000
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4,039,000
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Debt obligations, less current portion
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$
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2,074,000
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$
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1,085,000
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| Schedule of principal installments for the Company’s debt obligations excluding capital leases |
The following table summarizes the combined principal installments for the Company’s debt obligations, excluding capital leases, over the next five years and beyond, as of December 30, 2016:
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Fiscal Year:
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2017
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$
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3,972,000
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2018
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574,000
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2019
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—
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2020
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1,500,000
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$
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6,046,000
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