{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-013318","form_type":"8-K","ticker":"ARTW","cik":"0000007623","company_name":"ARTS WAY MANUFACTURING CO INC","filed_at":"2022-05-23T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.595253+00:00","generated_at":"2026-06-25T08:26:36.410170+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Art's-Way Manufacturing enters $900K credit facility with Bank Midwest","bullets":["$550,000 revolving line of credit matures Nov 30, 2022, with monthly interest-only payments.","$350,000 term loan matures May 15, 2027; 59 payments of $2,971.50 plus final ~$269,517.","Interest floats at Prime + 2% (floor 5%, currently 6%); no prepayment penalty.","Facility secured by all existing security documents including mortgages and guarantees.","Proceeds for reserve operating purposes; authorized draws by CFO Michael Woods and CEO David King."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-013318","json":"https://secwatch.observer/filing/0001437749-22-013318.json","markdown":"https://secwatch.observer/filing/0001437749-22-013318.md","text":"https://secwatch.observer/filing/0001437749-22-013318.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/7623/000143774922013318/0001437749-22-013318-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/7623/000143774922013318/artw20220523_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T08:26:36.410170+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"}