{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-019399","form_type":"8-K","ticker":"AWX","cik":"0001061069","company_name":"AVALON HOLDINGS CORP","filed_at":"2022-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.835022+00:00","generated_at":"2026-06-24T02:33:55.155293+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Avalon Holdings enters $31M term loan to refinance prior debt and fund resort expansions","bullets":["$31M term loan from Laurel Capital Corporation; $20.2M used to pay off 2019 term loan and $0.4M for transaction costs.","Remaining ~$10.4M deposited into project fund for renovating/expanding The Grand Resort and Avalon Field Club.","Loan bears 6.00% fixed interest for first 7 years, then resets at a rate between 6.00% and 8.50%.","Payable in 119 equal monthly installments (25-year amortization) with a final balloon due August 5, 2032.","Covenant requires Fixed Charge Coverage Ratio of at least 1.20x, tested annually starting December 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-019399","json":"https://secwatch.observer/filing/0001437749-22-019399.json","markdown":"https://secwatch.observer/filing/0001437749-22-019399.md","text":"https://secwatch.observer/filing/0001437749-22-019399.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1061069/000143774922019399/0001437749-22-019399-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1061069/000143774922019399/awx20220804_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T02:33:55.155293+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"}