---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-287674"
form_type: "8-K"
ticker: "BWMN"
cik: "0001847590"
company_name: "Bowman Consulting Group Ltd."
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T16:52:51.318742+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Bowman Consulting ups revolving credit line to $50M from $25M; term ends Sep 2024

## Summary
- Amended and Restated Credit Agreement with Bank of America increases revolver to $50M (from $25M).
- Initial term ends September 30, 2024; interest based on Term SOFR plus 2.00%-2.60%.
- Obligations secured by substantially all assets; subsidiaries guarantee the facility.
- Covenants include fixed charge coverage ratio and leverage ratio of debt to EBITDA.

## SEC filing metadata
- accession: 0001193125-22-287674
- form_type: 8-K
- ticker: BWMN
- cik: 0001847590
- company_name: Bowman Consulting Group Ltd.
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847590/000119312522287674/0001193125-22-287674-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847590/000119312522287674/d422163d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-287674
- JSON: https://secwatch.observer/filing/0001193125-22-287674.json
- Plain text: https://secwatch.observer/filing/0001193125-22-287674.txt

## Key facts
- Debt Financings
  Bowman Consulting Group Ltd. amended revolving credit of $50 million from $25 million with Bank of America, N.A. at Term SOFR, plus an applicable rate which varies between 2.00% and 2.60% maturing September 30, 2024.
  - Instrument: revolving credit
  - Principal: $50 million from $25 million
  - Counterparty: Bank of America, N.A.
  - Rate: Term SOFR, plus an applicable rate which varies between 2.00% and 2.60%
  - Maturity: September 30, 2024
  - Event: amendment
  source text: The Amended and Restated Credit Agreement has an initial term ending September 30, 2024 and increases the maximum principal amount of the revolving line of credit to $50 million from $25 million under the prior credit agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847590/000119312522287674/0001193125-22-287674-index.htm
- Material Agreements
  Bowman Consulting Group Ltd. amended Amended and Restated Credit Agreement with Bank of America, N.A. valued at $50 million (effective 2022-11-11).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: $50 million
  - Effective: 2022-11-11
  source text: On November 11, 2022, Bowman Consulting Group Ltd. (the “Company”) and certain of its subsidiaries entered into an Amended and Restated Credit Agreement (the “Amended and Restated Credit Agreement”) with Bank of America, N.A. (the “Bank”) which amended and restated in its entirety the previously existing credit agreement between the Company and the Bank dated as of August 24, 2017, as amended from time to time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847590/000119312522287674/0001193125-22-287674-index.htm

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