Quarterly report pursuant to Section 13 or 15(d)

Long Term Debt (Tables)

v3.22.1
Long Term Debt (Tables)
6 Months Ended
Mar. 31, 2022
Schedule of Long-term Debt

Long-term debt as of March 31, 2022 and September 30, 2021 consisted of the following (in $000's):

 

 

 

March 31, 2022

 

 

September 30, 2021

 

Bank of America Revolver Loan

 

$

3,729

 

 

$

 

Encina Business Credit Revolver Loan

 

 

 

 

 

12,735

 

Texas Capital Bank Revolver Loan

 

 

8,594

 

 

 

8,794

 

Fifth-Third Bank Revolver

 

 

14,094

 

 

 

 

Fifth-Third Bank Term Loan

 

 

3,417

 

 

 

 

Encina Business Credit Term Loan

 

 

 

 

 

1,319

 

Note Payable to the Sellers of Vintage Stock

 

 

 

 

 

4,200

 

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

 

 

1,039

 

 

 

1,320

 

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

 

 

319

 

 

 

406

 

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

 

 

1,699

 

 

 

1,985

 

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

 

 

545

 

 

 

618

 

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

 

 

3,834

 

 

 

4,121

 

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

 

 

2,724

 

 

 

2,943

 

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

 

 

5,274

 

 

 

 

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

 

 

9,202

 

 

 

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

 

 

306

 

 

 

472

 

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

 

 

198

 

 

 

198

 

Note payable RSSI/(VSSS)

 

 

130

 

 

 

130

 

Note Payable to JCM Holdings

 

 

1,746

 

 

 

1,833

 

Total notes payable

 

 

60,057

 

 

 

54,190

 

Less unamortized debt issuance costs

 

 

(666

)

 

 

(576

)

Net amount

 

 

59,391

 

 

 

53,614

 

Less current portion

 

 

(20,032

)

 

 

(16,055

)

Total long-term debt

 

$

39,359

 

 

$

37,559

 

 

Schedule of Future Maturities of Long-term Debt

Future maturities of long-term debt at March 31, 2022, are as follows which does not include related party debt separately stated (in $000's):

 

Twelve months ending March 31,

 

 

 

2023

 

$

20,162

 

2024

 

 

4,161

 

2025

 

 

3,642

 

2026

 

 

2,969

 

2027

 

 

19,048

 

Thereafter

 

 

10,075

 

Total future maturities of long-term debt

 

$

60,057