---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-052048"
form_type: "8-K"
ticker: "GENK"
cik: "0001891856"
company_name: "GEN Restaurant Group, Inc."
filed_at: "2023-10-05T23:59:59+00:00"
generated_at: "2026-06-10T04:17:24.302674+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# GEN Restaurant Group secures $20M revolving credit facility with PCB Bank

## Summary
- Facility provides $20.0M revolving line of credit, maturing September 25, 2024.
- Interest rate is Prime plus 0.25% per annum; initial rate 8.75%.
- Loan is secured by substantially all Company assets; subsidiaries guarantee obligations.
- Proceeds to be used for growth initiatives and general working capital.

## SEC filing metadata
- accession: 0000950170-23-052048
- form_type: 8-K
- ticker: GENK
- cik: 0001891856
- company_name: GEN Restaurant Group, Inc.
- filed_at: 2023-10-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1891856/000095017023052048/0000950170-23-052048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1891856/000095017023052048/genk-20230929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-052048
- JSON: https://secwatch.observer/filing/0000950170-23-052048.json
- Plain text: https://secwatch.observer/filing/0000950170-23-052048.txt

## Key facts
- Material Agreements
  GEN Restaurant Group, Inc. entered into Business Loan Agreement with PCB Bank valued at $20.0 million revolving line of credit (effective 2023-09-25).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: PCB Bank
  - Value: $20.0 million revolving line of credit
  - Effective: 2023-09-25
  source text: On September 29, 2023, GEN Restaurant Group, Inc. (the "Company") entered into a Business Loan Agreement ("the Loan Agreement") with PCB Bank (“PCB”), effective as of September 25, 2023. The Loan Agreement provides the Company a $20.0 million revolving line of credit.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1891856/000095017023052048/0000950170-23-052048-index.htm

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