---
schema_version: "secwatch.filing_event.v1"
accession: "0000863110-22-000050"
form_type: "8-K"
ticker: "ARTNA"
cik: "0000863110"
company_name: "ARTESIAN RESOURCES CORP"
filed_at: "2022-08-15T23:59:59+00:00"
generated_at: "2026-06-24T00:10:21.861079+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Artesian Resources subsidiary enters $5.33M SRF loans at 1% plus 1% fee for water main replacements

## Summary
- Three loans totaling up to $5.333M from Delaware Drinking Water State Revolving Fund at 1.0% interest plus 1.0% admin fee.
- Funds to replace water transmission mains in New Castle County, Delaware; drawings as costs incurred.
- Principal payments begin after project completion; semiannual fee-only period through completion date.
- Notes mature February 1, 2043; penalty of 1% of principal if less than 10% drawn by August 12, 2023.

## SEC filing metadata
- accession: 0000863110-22-000050
- form_type: 8-K
- ticker: ARTNA
- cik: 0000863110
- company_name: ARTESIAN RESOURCES CORP
- filed_at: 2022-08-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/863110/000086311022000050/0000863110-22-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/863110/000086311022000050/sfl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000863110-22-000050
- JSON: https://secwatch.observer/filing/0000863110-22-000050.json
- Plain text: https://secwatch.observer/filing/0000863110-22-000050.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.