DEBT (Tables)

12 Months Ended

Dec. 28, 2019

DEBT [Abstract]

Debt

Debt consists of:

	2019		2018
Term loans	$	98,765,233	$	28,675,000
Revolving credit loan		—		—
		98,765,233		28,675,000
Less current portion		5,187,689		2,325,000
	$	93,577,544	$	26,350,000

Annual Principal Maturities of Long-Term Debt

As of December 29, 2019, scheduled annual principal maturities of long-term debt for each of the next five years follow:

2020	$	5,187,689
2021		6,437,689
2022		7,500,000
2023		8,750,000
2024		70,889,855
Thereafter		—
	$	98,765,233