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DEBT (Tables)
12 Months Ended
Sep. 30, 2021
DEBT  
Schedule of revolving portion of the Facility

    

2021

    

2020

Revolving portion of the Facility, interest payable at 1.89% at September 2021

$

43,650,865

$

61,971,682

Schedule of long-term obligations

    

2021

    

2020

Real Estate Loan, interest payable at a fixed rate of 3.625% with monthly installments of principal and interest of $47,399 through February 2025 with remaining principal due March 2025, collateralized by three distribution facilities

$

4,498,213

$

1,866,231

Note payable, interest payable at a fixed rate of 4.50% with quarterly installments of principal and interest of $49,114 through June 2023 with remaining principal due September 2023

 

1,117,254

 

1,259,413

 

5,615,467

 

3,125,644

Less current maturities

 

(561,202)

 

(516,850)

$

5,054,265

$

2,608,794

Schedule of minimum principal maturities of the long-term debt

Fiscal Year Ending

    

2022

$

561,202

2023

1,396,332

2024

443,508

2025

 

3,214,425

2026

 

$

5,615,467