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DEBT (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2022
DEBT |
Schedule of long-term obligations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 2022 |  | September 2021
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 | ​ | $ | 4,190,214 | ​ | $ | 4,498,213
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 | ​ | ​ | 1,006,381 | ​ | ​ | 1,117,254
Note payable, interest payable at a fixed rate of 4.10% with monthly installments of principal and interest of $53,361 through June 2033 with remaining principal due July 2033, collateralized by Team Sledd’s principal office and warehouse | ​ | ​ | 5,674,355 | ​ | ​ | —
Note payable, interest payable at a fixed rate of 3.25% with monthly installments of principal and interest of $17,016 through August 2034 with remaining principal due September 2034, collateralized by Team Sledd’s principal office and warehouse | ​ | ​ | 2,086,721 | ​ | ​ | —
Note payable with monthly installments of principal and interest of $7,934 through February 2025 with remaining principal due March 2025, and an effective variable rate of 2.90% at June 2022, collateralized by certain of Team Sledd’s equipment | ​ |  | 406,572 | ​ |  | —
​ | ​ |  | 13,364,243 | ​ |  | 5,615,467
Less current maturities | ​ |  | (1,204,348) | ​ |  | (561,202)
​ | ​ | $ | 12,159,895 | ​ | $ | 5,054,265
Schedule of minimum principal maturities of the long-term debt | ​
​ | ​ | ​ | ​
Fiscal Year Ending |  | ​ | ​
2022 (1) | ​ | $ | 302,592
2023 | ​ | ​ | 2,050,814
2024 | ​ | ​ | 1,120,121
2025 | ​ |  | 4,011,184
2026 and thereafter | ​ |  | 5,879,532
​ | ​ | $ | 13,364,243
(1) | Represents payments for the remaining three months of Fiscal 2022.

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