Schedule of notes payable |
Schedule of notes payable | |
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December 31, | | |
December 31, | |
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2024 | | |
2023 | |
Note to an entity by the former owner of farm property, interest at 6.00%, due in monthly installments of $38,687 including interest, secured by real property, due in 2039 | |
$ | – | | |
$ | 4,707,902 | |
| |
| | | |
| | |
Promissory Note to 1800 Diagonal, a commercial lender, with a one-time interest of 13%, due in four installments beginning August 30, 2024, and a due in total by November 30, 2024, Original Discount 18,600 | |
| 52,253 | | |
| – | |
| |
| | | |
| | |
Promissory Note to 1800 Diagonal, a commercial lender, with a one-time interest of 13%, due in four installments beginning August 30, 2024, and a due in total by November 30, 2024, Original Discount 18,600 | |
| 67,400 | | |
| – | |
| |
| | | |
| | |
Secured Note to Arcadia Funding, LLC , a commercial Lender, accrued fixed interest at the rate of $12,500/ month, secured by real property, due December 16, 2024 | |
| 350,000 | | |
| – | |
| |
| | | |
| | |
Note to a bank, interest at 3.75%, due in monthly installments of $719.02 including interest, secured by real property, due in 2050 | |
| 146,875 | | |
| 150,000 | |
| |
| 616,528 | | |
| 4,857,902 | |
Less Current Portion | |
| (562,063 | ) | |
| (525,609 | ) |
| |
| | | |
| | |
Net Long-Term Debt | |
$ | 54,465 | | |
$ | 4,332,293 | |
|