{"schema_version":"secwatch.filing_event.v1","accession":"0001163609-23-000004","form_type":"8-K","ticker":"SDSYA","cik":"0001163609","company_name":"SOUTH DAKOTA SOYBEAN PROCESSORS LLC","filed_at":"2023-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.007602+00:00","generated_at":"2026-06-20T03:29:20.610835+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"South Dakota Soybean Processors reduces revolving credit line to $75M from $85M with CoBank","bullets":["Principal decreased from $85M to $75M under Restated Seasonal Note with CoBank.","Maturity remains December 1, 2023; all other terms of existing Credit Agreement unchanged.","Restated Note entered effective January 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001163609-23-000004","json":"https://secwatch.observer/filing/0001163609-23-000004.json","markdown":"https://secwatch.observer/filing/0001163609-23-000004.md","text":"https://secwatch.observer/filing/0001163609-23-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163609/000116360923000004/0001163609-23-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163609/000116360923000004/sdsp-20230131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T03:29:20.610835+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":"17019f0b1bb551606e4c2248ac1b67b613752d02","claim":"SOUTH DAKOTA SOYBEAN PROCESSORS LLC amended revolving credit of $75 million with CoBank, ACB maturing December 1, 2023.","evidence_excerpt":"On January 31, 2023, we entered into the Restated Seasonal Note with our lender, CoBank, ACB. Under the Restated Seasonal Note, the principal amount that we may borrow is decreased from $85 million to $75 million until the loan's maturity on December 1, 2023.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163609/000116360923000004/0001163609-23-000004-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$75 million"},{"label":"Counterparty","value":"CoBank, ACB"},{"label":"Maturity","value":"December 1, 2023"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"d4aab0530f6fc04bc25ade7766cd65e3eab800fe","claim":"SOUTH DAKOTA SOYBEAN PROCESSORS LLC amended Restated Seasonal Note with CoBank, ACB (effective 2023-01-31).","evidence_excerpt":"On January 31, 2023, we entered into an Amended and Restated Revolving Credit Promissory Note (\"Restated Seasonal Note\") with our lender, CoBank, ACB of Greenwood Village, Colorado.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163609/000116360923000004/0001163609-23-000004-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"CoBank, ACB"},{"label":"Effective","value":"2023-01-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}