KRT amends credit line: reduces facility to $20M, extends maturity to 2027, rate SOFR+2.25%

Karat Packaging Inc.

Line of credit maximum reduced from $40M to $20M.
Maturity extended to March 14, 2027 (from prior date).
Interest rate changed to one-month SOFR plus 2.25%, with a 1.00% SOFR floor.
Facility secured by Company's assets; borrower is Lollicup USA Inc.

item 1.01 item 9.01

Karat Packaging Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-021831

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