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DEBT (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
DEBT |
Schedule Of Long-term Debt |
|  | Outstanding Balance |
|  | June 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Consumer |  |  |  |  |  |
Note payable, FSB (1) |  | $ | 2,509,716 |  |  | $ | 2,563,108 |
Note payable, Truist Bank (3) |  |  | 819,975 |  |  |  | 838,430 |
Notes payable, TBT (4,5) |  |  | 2,023,143 |  |  |  | 2,064,928 |
Note payable, Kretchmer Transaction (6) |  |  | 200,000 |  |  |  | 200,000 |
Sub-total |  |  | 5,552,834 |  |  |  | 5,666,466 |
Commercial |  |  |  |  |  |  |  |
Note payable, FSB (2) |  |  | 5,694,200 |  |  |  | 5,815,381 |
Note payable, Avail Transaction (7) |  |  | 500,000 |  |  |  | 833,333 |
Sub-total |  |  | 6,194,200 |  |  |  | 6,648,714 |
Corporate |  |  |  |  |  |  |  |
Line of credit, FSB (8) |  |  | - |  |  |  | - |
Note payable, TBT (9) |  |  | 2,559,832 |  |  |  | 2,618,311 |
Sub-total |  |  | 2,559,832 |  |  |  | 2,618,311 |
Sub-total |  |  | 14,306,866 |  |  |  | 14,933,491 |
Current portion |  |  | (1,307,921 | ) |  |  | (1,361,443 | )
|  | $ | 12,998,945 |  |  | $ | 13,572,048 |
Schedule of Future Payments of Notes Payable, Related Party |
|  | 2024 |  |  | 2025 |  |  | 2026 |  |  | 2027 |  |  | 2028 |  |  | Thereafter |
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Note payable, FSB (1) |  |  | 55,107 |  |  |  | 112,154 |  |  |  | 2,342,455 |  |  |  | - |  |  |  | - |  |  |  | - |
Note payable, Truist Bank (3) |  |  | 18,800 |  |  |  | 38,745 |  |  |  | 40,203 |  |  |  | 41,716 |  |  |  | 43,216 |  |  |  | 637,296 |
Notes payable, TBT (4,5) |  |  | 43,419 |  |  |  | 487,260 |  |  |  | 71,359 |  |  |  | 74,081 |  |  |  | 76,767 |  |  |  | 1,270,257 |
Note payable, Kretchmer Transaction (6) |  |  | 200,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Sub-total |  |  | 317,326 |  |  |  | 638,159 |  |  |  | 2,454,017 |  |  |  | 115,797 |  |  |  | 119,983 |  |  |  | 1,907,553 |
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Note payable, FSB (2) |  |  | 125,031 |  |  |  | 254,466 |  |  |  | 5,314,702 |  |  |  | - |  |  |  | - |  |  |  | - |
Note payable, Avail Transaction (7) |  |  | 333,333 |  |  |  | 166,667 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Sub-total |  |  | 458,364 |  |  |  | 421,133 |  |  |  | 5,314,702 |  |  |  | - |  |  |  | - |  |  |  | - |
Corporate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit, FSB (8) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Note payable, TBT (9) |  |  | 59,442 |  |  |  | 2,500,390 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Sub-total |  |  | 59,442 |  |  |  | 2,500,390 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
|  | $ | 835,132 |  |  | $ | 3,559,682 |  |  | $ | 7,768,719 |  |  | $ | 115,797 |  |  | $ | 119,983 |  |  | $ | 1,907,553 |
Schedule of maturities of long-term debt of Principal Payments |
|  | Scheduled |  |  |  |  |  |  |
|  | Principal |  |  | Loan |  |  |  |
Scheduled Principal Payments and Maturities by Year: |  | Payments |  |  | Maturities |  |  | Total |
2024 |  |  | 635,132 |  |  |  | 200,000 |  |  |  | 835,132 |
2025 |  |  | 767,282 |  |  |  | 2,792,400 |  |  |  | 3,559,682 |
2026 |  |  | 457,492 |  |  |  | 7,311,227 |  |  |  | 7,768,719 |
2027 |  |  | 115,797 |  |  |  | - |  |  |  | 115,797 |
2028 |  |  | 119,983 |  |  |  | - |  |  |  | 119,983 |
Thereafter |  |  | 291,704 |  |  |  | 1,615,849 |  |  |  | 1,907,553 |
|  | $ | 2,387,390 |  |  | $ | 11,919,476 |  |  | $ | 14,306,866 |

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