November 30, 2013

November 30, 2012

U.S. Bank loan payable in monthly installments of $42,500 including interest at 2.98%, due May 1, 2018 (November 30, 2012 is West Bank loan amount)

$

2,114,675

$

2,435,359

U.S. Bank loan payable in monthly installments of $11,000 including interest at 2.98%, due May 1, 2018 (November 30, 2012 is West Bank loan amount)

955,507

1,027,330

U.S. Bank loan payable in monthly installments of $12,550 including interest at 2.98%, due May 1, 2018 (November 30, 2012 is West Bank loan amount)

1,085,350

1,167,725

U.S. Bank loan payable in monthly installments of $27,800 including interest at 2.98%, due May 1, 2018 (November 30, 2012 is West Bank loan amount)

1,693,752

1,875,120

U.S. Bank loan payable in monthly installments of $11,700 including interest at 3.15%, due May 10, 2017

707,719

823,555

Iowa Finance Authority loan payable in monthly installments of $12,500 including interest at 2.75%, due June 1, 2020

904,662

1,027,366

IDED loan payable in monthly installments of $2,437 including interest at 6%, due June 1, 2014

14,375

41,866

IDED loan payable in monthly installments of $813 including interest at 0%, due June 1, 2014

4,883

14,649

IDED loan payable in monthly installments of $0 including interest at 0% originally due July 1, 2014, forgiven in full July 31, 2013

-

48,830

West Union Community Development Corporation loan payable in annual installments of $4,333 including interest at 0% originally due September 1, 2013, repaid in full August 21, 2013

-

4,334

Total term debt

$

7,480,923

$

8,466,134

Less current portion of term debt

1,228,964

1,165,177

Term debt, excluding current portion

$

6,251,959

$

7,300,957