Avalon Holdings extends $3.2M Premier Bank credit line maturity to July 2026
Avalon Holdings and certain subsidiaries amended their line of credit agreement with Premier Bank on September 23, 2024, extending the maturity date from July 31, 2025 to July 31, 2026. At September 23, 2024, $3,200,000 was drawn under the facility. The filing is an administrative extension of existing borrowing terms and does not state any change in amount or rate.
Key points
- Maturity extended from July 31, 2025 to July 31, 2026
- $3,200,000 drawn under the line of credit as of September 23, 2024
- Amendment amends a credit agreement originally dated May 31, 2018 and previously amended September 18, 2023
- Filed exhibits include a Business Loan Agreement (Asset Based), Promissory Note and Commercial Security Agreement, all dated September 23, 2024
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 24, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.