{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-023132","form_type":"8-K","ticker":"MFIN","cik":"0001000209","company_name":"MEDALLION FINANCIAL CORP","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.020692+00:00","generated_at":"2026-06-05T06:01:52.218025+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Medallion Capital gets SBA commitment for $18.5M in debentures","bullets":["SBA committed $18.5M in debenture leverage to Medallion Capital (MFIN subsidiary).","Leverage fee: $185K paid upfront; $370K deducted pro rata on draws.","Draws allowed in whole or part until September 30, 2028.","Commitment subject to SBA creditworthiness and compliance with 13 CFR Part 107."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-023132","json":"https://secwatch.observer/filing/0000950170-24-023132.json","markdown":"https://secwatch.observer/filing/0000950170-24-023132.md","text":"https://secwatch.observer/filing/0000950170-24-023132.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000209/000095017024023132/0000950170-24-023132-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000209/000095017024023132/mfin-20240228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T06:01:52.218025+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"02509725278c614766a6d773dca96d8a0f87699c","claim":"MEDALLION FINANCIAL CORP entered into Commitment with Small Business Administration valued at $18,500,000 (effective 2024-02-28).","evidence_excerpt":"On February 28, 2024, the Small Business Administration committed to reserve leverage in the form of debentures in an amount equal to $18,500,000 (the “Commitment”) to Medallion Capital, Inc.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000209/000095017024023132/0000950170-24-023132-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Small Business Administration"},{"label":"Value","value":"$18,500,000"},{"label":"Effective","value":"2024-02-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}