{"schema_version":"secwatch.filing_event.v1","accession":"0001096906-23-002397","form_type":"8-K","ticker":"LIFD","cik":"0001391135","company_name":"LFTD PARTNERS INC.","filed_at":"2023-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.838578+00:00","generated_at":"2026-06-07T10:26:33.184889+00:00","sec_items":["1.01","2.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"LFTD Partners secures $3.91M in loans at 9.5%-10%, buys Kenosha building for $1.375M","bullets":["Joint borrowers LIFD and Lifted Made borrowed $3M working capital (9.5% fixed) and $910K (10% fixed) from Surety Bank.","Loans cross-collateralized by first lien mortgage on the Kenosha building and all other company assets.","Net proceeds from $910K loan used to purchase main operations building at 5511 95th Ave., Kenosha, WI.","Company plans 30,000 sq ft building addition to consolidate operations; cites favorable rates vs. mid-teens offered elsewhere.","Two five-year loans closed December 14, 2023; no financial advisory fees or equity sweeteners issued."],"urls":{"canonical":"https://secwatch.observer/filing/0001096906-23-002397","json":"https://secwatch.observer/filing/0001096906-23-002397.json","markdown":"https://secwatch.observer/filing/0001096906-23-002397.md","text":"https://secwatch.observer/filing/0001096906-23-002397.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1391135/000109690623002397/0001096906-23-002397-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1391135/000109690623002397/lsfp-20231214.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T10:26:33.184889+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":"2646dffe5214af4c42eef183c518a7e746b622f2","claim":"LFTD PARTNERS INC. incurred credit facility of $3,000,000 with Surety Bank at 9.5% fixed annual interest maturing five years.","evidence_excerpt":"On December 14, 2023, LFTD Partners Inc. (“LIFD”) (OTCQB: LIFD), and its wholly owned subsidiary Lifted Liquids, Inc., dba Lifted Made (“Lifted Made”) (together the “Borrower”), jointly borrowed a total of $3,910,000 from Surety Bank, of DeLand, Florida (“Lender”). The Lender made two five-year loans to the Borrower, as joint borrowers: (1) a working capital loan of $3,000,000 at 9.5% fixed annual interest, and (2) a $910,000 loan at 10% fixed annual interest","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391135/000109690623002397/0001096906-23-002397-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$3,000,000"},{"label":"Counterparty","value":"Surety Bank"},{"label":"Rate","value":"9.5% fixed annual interest"},{"label":"Maturity","value":"five years"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"e22262e84a31abbdebe63df3841607632cefe224","claim":"LFTD PARTNERS INC. incurred loan of $910,000 with Surety Bank at 10% fixed annual interest maturing five years.","evidence_excerpt":"On December 14, 2023, LFTD Partners Inc. (“LIFD”) (OTCQB: LIFD), and its wholly owned subsidiary Lifted Liquids, Inc., dba Lifted Made (“Lifted Made”) (together the “Borrower”), jointly borrowed a total of $3,910,000 from Surety Bank, of DeLand, Florida (“Lender”). The Lender made two five-year loans to the Borrower, as joint borrowers: (1) a working capital loan of $3,000,000 at 9.5% fixed annual interest, and (2) a $910,000 loan at 10% fixed annual interest","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391135/000109690623002397/0001096906-23-002397-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$910,000"},{"label":"Counterparty","value":"Surety Bank"},{"label":"Rate","value":"10% fixed annual interest"},{"label":"Maturity","value":"five years"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"6be5a61439eeafdea46f7691fc0d91fe9869f00e","claim":"LFTD PARTNERS INC. completed an acquisition involving 95th Holdings, LLC for $1,375,000 purchase price (closed 2023-12-14).","evidence_excerpt":"of $3,000,000 at 9.5% fixed annual interest, and (2) a $910,000 loan at 10% fixed annual interest, the net proceeds of which were used by Lifted Made to pay a portion of the $1,375,000 purchase price of Lifted Made’s main operations building located at 5511 95th Avenue in Kenosha, Wisconsin (“5511 Building”). The two loans are cross collateralized by a first","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391135/000109690623002397/0001096906-23-002397-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"95th Holdings, LLC"},{"label":"Consideration","value":"$1,375,000 purchase price"},{"label":"Closing","value":"2023-12-14"}],"fact_type":"ma_transaction"},{"claim_id":"27e2dfebe73b7b85b7fc1f1f878879a753f29b10","claim":"LFTD PARTNERS INC. entered into Credit Agreement with Surety Bank valued at $3,000,000 (effective 2023-12-14).","evidence_excerpt":"Pursuant to the Credit Agreement dated as of December 14, 2023 (the “Credit Agreement”), among the Borrower and the Lender, the Lender agreed to loan to the Borrower $3,000,000 (“Working Capital Loan”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391135/000109690623002397/0001096906-23-002397-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Surety Bank"},{"label":"Value","value":"$3,000,000"},{"label":"Effective","value":"2023-12-14"}],"fact_type":"material_agreement"},{"claim_id":"4ae51cee98f7497f1c75966c065113437790f4f0","claim":"LFTD PARTNERS INC. entered into Business Loan Agreement with Surety Bank valued at $910,000 (effective 2023-12-14).","evidence_excerpt":"Pursuant to the Business Loan Agreement dated as of December 14, 2023 (the “Loan Agreement”), among the Borrower and the Lender, the Lender agreed to loan $910,000 (the “Business Loan”) to the Borrower.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391135/000109690623002397/0001096906-23-002397-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Surety Bank"},{"label":"Value","value":"$910,000"},{"label":"Effective","value":"2023-12-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}