Notes Payable (Tables)

9 Months Ended

Sep. 30, 2014

Notes Payable Tables

Schedule Of Notes Payable

Notes payable consist of the following:

	September 30,				December 31,
	2014		2013		2013
Note payable to Private Bank in monthly installments of $42,222, plus variable interest rate, currently at 2.6677%, with a balloon payment for the remaining balance. Collateralized by substantially all assets of the Company. In May 2013, the Company refinanced this note under similar terms which extended the maturity date to May 31, 2018.	$	4,478,889	$	4,985,556	$	4,858,889
Note payable to Private Bank in monthly installments of $27,778, plus variable interest rate, currently at 2.6677% with a balloon payment for the remaining balance, maturing on May 31, 2019, collateralized by substantially all assets of the Company.		4,666,667		5,000,000		4,916,667
Notes payable to Ford Credit Corp. payable in monthly installments of $1,778 at 5.99%, due July 2015, secured by transportation equipment.		17,294		36,919		32,124
Note payable to Fletcher Jones of Chicago, Ltd LLC in monthly installments of $1,769 at 6.653%, due May 24, 2017, secured by transportation equipment.		53,470		70,466		66,334
Total notes payable		9,216,320		10,092,941		9,874,014
Less current maturities		877,038		878,088		875,002
Total long-term portion	$	8,339,282	$	9,214,853	$	8,999,012

Maturities Of Notes Payable

Maturities of notes payables are as follows:

For the 12 months ending September 30,
2015	$	877,038
2016		859,546
2017		854,180
2018		3,292,233
2019		3,333,323
Total	$	9,216,320