{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-005855","form_type":"8-K","ticker":"NSYS","cik":"0000722313","company_name":"NORTECH SYSTEMS INC","filed_at":"2022-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:04:09.556642+00:00","generated_at":"2026-06-27T00:11:51.965344+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Nortech Systems enters into Seventh Amendment to Loan Agreement with Bank of America","bullets":["Amendment dated March 4, 2022 modifies borrowing base and adds definitions for CARES Act and Employee Retention Credits.","Borrowing base includes up to $2.5 million of Eligible ERC Amount, subject to evidence and no dispute.","Distribution restrictions amended: allows annual redemptions up to $300,000 and other distributions when Eligible ERC Amount is $0.","Borrower reaffirms representations, no default, and releases claims against Lender."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-005855","json":"https://secwatch.observer/filing/0001437749-22-005855.json","markdown":"https://secwatch.observer/filing/0001437749-22-005855.md","text":"https://secwatch.observer/filing/0001437749-22-005855.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/722313/000143774922005855/0001437749-22-005855-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/722313/000143774922005855/nsys20220310_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T00:11:51.965344+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}