secwatch.observer — SEC 8-K summary
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Issuer:     Creative Media & Community Trust Corp (CMCT)
CIK:        0000908311
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0000908311-25-000011
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMCT extends $15M credit facility maturity to March 31, 2025 via fourth modification
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- Fourth Modification Agreement with JPMorgan extends maturity from Jan 31, 2025 to March 31, 2025.
- Remaining aggregate principal balance under the facility was $15,000,000 as of the modification date.
- Extension fee of $50,000 paid to lenders; no further extension options remain.
- Borrowers and guarantors (including CMCT) reaffirmed all obligations under loan documents.
- Credit facility is non-revolving; total outstandings were $15,000,000.15 as of effective date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908311/000090831125000011/0000908311-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908311/000090831125000011/cmct-20250206.htm
  HTML page:      https://secwatch.observer/filing/0000908311-25-000011

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