DEBT (Tables)

12 Months Ended

Dec. 29, 2018

DEBT [Abstract]

Debt

Debt consists of:

	2018		2017
Term loans	$	28,675,000	$	30,225,000
Revolving credit loan		—		5,000,000
		28,675,000		35,225,000
Less current portion		2,325,000		6,550,000
	$	26,350,000	$	28,675,000

Annual Principal Maturities of Long-Term Debt

As of December 29, 2018, scheduled annual principal maturities of long-term debt for each of the next five years follow:

2019	$	2,325,000
2020		3,100,000
2021		3,100,000
2022		20,150,000
Thereafter		—
	$	28,675,000