Every material Form 8-K AVALON HOLDINGS CORP filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
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