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DEBT (Tables)
6 Months Ended
Sep. 30, 2021
DEBT  
Schedule of outstanding debt obligations

Long-term debt included the following at:

    

September 30, 2021

    

March 31, 2021

Stadco Term Loan at 3.79% interest, due August 2028

$

3,958,664

$

Ranor Term Loan at 5.21% interest, due December 2021

2,415,964

2,466,408

Revolver loan

865,049

SBA PPP loan at 1% interest, due May 2022

 

 

1,317,100

Finance lease liability

 

 

45,663

Total debt

$

7,239,677

$

3,829,171

Less: debt issue costs unamortized

$

117,708

$

12,270

Total debt, net

$

7,121,969

$

3,816,901

Less: Current portion of long-term debt

$

3,790,525

$

2,474,963

Total long-term debt, net

$

3,331,444

$

1,341,938