Long-term debt included the following as of:

March 31, 2022

March 31, 2021

Stadco Term Loan, at 3.79% interest, due August 2028

$

3,705,792

$

—

Ranor Term Loan, at 5.21% interest, due September 2022

2,363,126

2,466,408

Ranor Revolver Loan, at 2.75% interest, due December 2022

1,287,002

—

SBA PPP Loan, at 1% interest, due May 2022

—

1,317,100

Obligations under finance lease

—

45,663

Total debt

$

7,355,920

$

3,829,171

Less: debt issue costs unamortized

$

147,905

$

12,270

Total debt, net

$

7,208,015

$

3,816,901

Less: Current portion of long-term debt

$

4,093,079

$

2,474,963

Total long-term debt, net

$

3,114,936

$

1,341,938