---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-23-000645"
form_type: "8-K"
ticker: "IVFH"
cik: "0000312257"
company_name: "INNOVATIVE FOOD HOLDINGS INC"
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:54:40.049487+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Innovative Food Holdings refinances with $9.06M USDA-guaranteed term loan maturing 2048

## Summary
- New term loan of $9,057,840 from MapleMark Bank; USDA guarantees 80%.
- Maturity extended from 2023 to June 13, 2048; interest at Base Rate+1.25% (floor 4.50%).
- Monthly principal+interest payments of $80,025.01, starting July 1, 2023.
- Existing FL/IL loan ($356,800) modified, maturity extended to 2033, rate 6.64%.
- Revolving credit facility increased to $3.0M and termination extended to May 27, 2024.

## SEC filing metadata
- accession: 0001185185-23-000645
- form_type: 8-K
- ticker: IVFH
- cik: 0000312257
- company_name: INNOVATIVE FOOD HOLDINGS INC
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/312257/000118518523000645/0001185185-23-000645-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/312257/000118518523000645/innovfood20230620_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-23-000645
- JSON: https://secwatch.observer/filing/0001185185-23-000645.json
- Plain text: https://secwatch.observer/filing/0001185185-23-000645.txt

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