Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
MAYS J W INC incurred loan of $6,200,000 with Putnam County National Bank at 7.00% per annum maturing April 1, 2031.
- Instrument
- loan
- Principal
- $6,200,000
- Counterparty
- Putnam County National Bank
- Rate
- 7.00% per annum
- Maturity
- April 1, 2031
- Event
- incurrence
Exact text from the filing
On March 27, 2026, J.W.M. Realty Corp., a wholly owned subsidiary (the “ Borrower ”) of J.W. Mays, Inc. (the " Company ") entered into a loan agreement with Putnam County National Bank of Carmel (the “ Lender ”) wherein the Borrower has obtained a loan secured by a first mortgage on its Circleville, Ohio property (the “ Loan ”) due and payable on April 1, 2031 (the “ Term Date ”). The Company has made an unconditional guarantee of all obligations and liabilities of the Borrower under the Loan. The Borrower borrowed a principal amount of $6,200,000 at a fixed interest rate of 7.00% per annum.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
MAYS J W INC entered into Loan Agreement with Putnam County National Bank valued at $6,200,000 (effective 2026-03-27).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Putnam County National Bank
- Value
- $6,200,000
- Effective
- 2026-03-27
Exact text from the filing
On March 27, 2026, J.W.M. Realty Corp., a wholly owned subsidiary (the “ Borrower ”) of J.W. Mays, Inc. (the " Company ") entered into a loan agreement with Putnam County National Bank of Carmel (the “ Lender ”) wherein the Borrower has obtained a loan secured by a first mortgage on its Circleville, Ohio property (the “ Loan ”) due and payable on April 1, 2031 (the “ Term Date ”).
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