Quarterly report pursuant to Section 13 or 15(d)

Note 19 - Long Term Debt: Schedule of Long term debt and revolving line of credit (Tables)

v3.8.0.1
Note 19 - Long Term Debt: Schedule of Long term debt and revolving line of credit (Tables)
3 Months Ended
Mar. 31, 2018
Tables/Schedules  
Schedule of Long term debt and revolving line of credit

 

 

 

March 31, 2018

 

December 31, 2017

Commercial credit agreement with Bond Street Servicing, LLC at 11.6% interest per annum, semi-monthly payments of $1,648, maturing October 16, 2019.  Net of $2,057 and $2,390 unamortized loan service fee, respectively.

$

54,870

$

62,659

 

 

 

 

 

     Total notes payable

 

54,870

 

62,659

 

 

 

 

 

     Less:  Current maturities

 

(34,790)

 

(33,854)

 

 

 

 

 

 

$

20,080

$

28,805