NOTE PAYABLE AND LINES-OF-CREDIT (Tables)

9 Months Ended

Mar. 31, 2023

NOTE PAYABLE AND LINES-OF-CREDIT

Schedule of debt consists of lines-of -credit

		March 31,		June 30,
Payee	Terms	2023		2022
Nodaway Valley Bank	$500,000 line-of-credit agreement expiring on January 4, 2024, with a variable interest rate at prime but not less than 5%. The line of credit is collateralized by substantially all assets of the Company.	$	—	$	—
Nodaway Valley Bank	$350,000 line-of-credit agreement expired on January 4, 2023, with a variable interest rate at prime but not less than 5%. The line of credit is collateralized by substantially all assets of the Company.		—		120,000
Ford Motor Credit Company, LLC	$1,126 monthly payments, interest of 2.90%; final payment due November 2026, secured by a vehicle		46,936		—
	Total		46,936		120,000
	Less Current Portion		12,311		120,000
	Long-Term Portion	$	34,625	$	—

Schedule of future minimum payments of long term debt

March 31,	Amount
2024	$	12,311
2025		12,672
2026		13,045
2027		8,908
Total	$	46,936