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Note 6 - Long-term Debt and Notes Payable to Bank (Tables)
6 Months Ended
Apr. 30, 2019
Notes Tables  
Schedule of Debt [Table Text Block]
   

April 30,

   

October 31,

 
   

2019

   

2018

 

Virginia Real Estate Loan ($6.5 million original principal) payable in monthly installments of $31,812, including interest (at 3.95%), with final payment of $3,644,211 due May 1, 2024

  $ 4,677,934     $ 4,774,252  

North Carolina Real Estate Loan ($2.24 million original principal) payable in monthly installments of $10,963, including interest (at 3.95%), with final payment of $1,255,850 due May 1, 2024

    1,612,140       1,645,332  

Total long-term debt

    6,290,074       6,419,584  

Less current installments

    265,541       260,954  

Long-term debt, excluding current installments

  $ 6,024,533     $ 6,158,630