Quarterly report pursuant to Section 13 or 15(d)

Long Term Debt (Tables)

v3.22.2
Long Term Debt (Tables)
9 Months Ended
Jun. 30, 2022
Schedule of Long-term Debt

The following table details the Company's long-term debt as of June 30, 2022 and September 30, 2021 (in $000’s):

 

 

June 30, 2022

 

 

September 30, 2021

 

Bank of America Revolver Loan

 

$

7,308

 

 

$

 

Encina Business Credit Revolver Loan

 

 

 

 

 

12,735

 

Texas Capital Bank Revolver Loan

 

 

9,155

 

 

 

8,794

 

Fifth-Third Bank Revolver

 

 

20,564

 

 

 

 

Fifth-Third Bank Term Loan

 

 

3,292

 

 

 

 

Fifth-Third Bank Term Loan

 

 

4,000

 

 

 

 

Fifth-Third Bank Special Advance Term Loan

 

 

1,000

 

 

 

 

Encina Business Credit Term Loan

 

 

 

 

 

1,319

 

Note Payable to the Sellers of Kinetic

 

 

3,000

 

 

 

 

Note Payable to the Sellers of Vintage Stock

 

 

 

 

 

4,200

 

Note #3 Payable to Banc of America Leasing & Capital LLC

 

 

895

 

 

 

1,320

 

Note #4 Payable to Banc of America Leasing & Capital LLC

 

 

275

 

 

 

406

 

Note #5 Payable to Banc of America Leasing & Capital LLC

 

 

1,553

 

 

 

1,985

 

Note #6 Payable to Banc of America Leasing & Capital LLC

 

 

508

 

 

 

618

 

Note #7 Payable to Banc of America Leasing & Capital LLC

 

 

3,689

 

 

 

4,121

 

Note #8 Payable to Banc of America Leasing & Capital LLC

 

 

2,612

 

 

 

2,943

 

Note #9 Payable to Banc of America Leasing & Capital LLC

 

 

5,046

 

 

 

 

Note Payable to Extruded Fibers

 

 

 

 

 

700

 

Note Payable to the Sellers of Precision Marshall

 

 

2,500

 

 

 

2,500

 

Note Payable to Store Capital Acquisitions, LLC

 

 

9,181

 

 

 

9,209

 

Note payable to individuals, interest at 10-11% per annum, payable on a 90 day written notice,
   
unsecured

 

 

207

 

 

 

207

 

Note payable to individual, interest at 10% per annum, payable on a 90 day
   written notice,
unsecured

 

 

500

 

 

 

500

 

Note payable to individual, noninterest bearing, monthly payments of $19 through March 2023

 

 

224

 

 

 

472

 

Note payable to individuals, interest at 7% per annum, unsecured

 

 

198

 

 

 

198

 

Note payable RSSI/(VSSS)

 

 

130

 

 

 

130

 

Note Payable to JCM Holdings

 

 

1,701

 

 

 

1,833

 

Total notes payable

 

 

77,538

 

 

 

54,190

 

Less unamortized debt issuance costs

 

 

(645

)

 

 

(576

)

Net amount

 

 

76,893

 

 

 

53,614

 

Less current portion

 

 

(18,418

)

 

 

(16,055

)

Total long-term debt

 

$

58,475

 

 

$

37,559

 

 

Schedule of Future Maturities of Long-term Debt

Future maturities of long-term debt at June 30, 2022, are as follows which does not include related party debt separately stated (in $000’s):

 

Twelve months ending June 30,

 

 

 

2023

 

$

18,418

 

2024

 

 

14,046

 

2025

 

 

4,362

 

2026

 

 

3,559

 

2027

 

 

26,708

 

Thereafter

 

 

10,445

 

Total future maturities of long-term debt

 

$

77,538