---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-016585"
form_type: "8-K"
ticker: "ESCA"
cik: "0000033488"
company_name: "ESCALADE INC"
filed_at: "2021-07-07T23:59:59+00:00"
generated_at: "2026-06-30T07:02:54.731678+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Escalade enters $50M term loan, reduces revolver to $50M, extends maturity to 2026

## Summary
- JPMorgan provided $50M term loan; revolving credit facility cut from $75M to $50M.
- Proceeds first repay outstanding revolver balance; remainder for working capital.
- Both term loan and revolver mature July 7, 2026 (five-year extension).
- Term loan bears fixed 2.97% interest; monthly principal payments of ~$595k.
- Obligations collateralized by subsidiary equity and substantially all assets (excluding real estate).

## SEC filing metadata
- accession: 0001437749-21-016585
- form_type: 8-K
- ticker: ESCA
- cik: 0000033488
- company_name: ESCALADE INC
- filed_at: 2021-07-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/33488/000143774921016585/0001437749-21-016585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/33488/000143774921016585/esca20210706_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-016585
- JSON: https://secwatch.observer/filing/0001437749-21-016585.json
- Plain text: https://secwatch.observer/filing/0001437749-21-016585.txt

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