---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-033505"
form_type: "8-K"
ticker: "ARTW"
cik: "0000007623"
company_name: "ARTS WAY MANUFACTURING CO INC"
filed_at: "2023-12-04T23:59:59+00:00"
generated_at: "2026-06-07T19:03:19.678059+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Art's-Way extends $500K revolver maturity to March 30, 2024

## Summary
- Amended $500,000 revolving line of credit with Bank Midwest; maturity extended from Nov 30, 2023 to March 30, 2024.
- Outstanding principal on the line was $208,000 as of Nov 30, 2023.
- Extension aligns maturity date with the company's $5,000,000 line of credit with same lender.
- Amendment effective November 30, 2023; agreement filed as Exhibit 10.1.

## SEC filing metadata
- accession: 0001437749-23-033505
- form_type: 8-K
- ticker: ARTW
- cik: 0000007623
- company_name: ARTS WAY MANUFACTURING CO INC
- filed_at: 2023-12-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/7623/000143774923033505/0001437749-23-033505-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/7623/000143774923033505/artw20231204_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-033505
- JSON: https://secwatch.observer/filing/0001437749-23-033505.json
- Plain text: https://secwatch.observer/filing/0001437749-23-033505.txt

## Key facts
- Material Agreements
  ARTS WAY MANUFACTURING CO INC amended the "Amendment" with Bank Midwest valued at $500,000 revolving line of credit (effective 2023-11-30).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank Midwest
  - Value: $500,000 revolving line of credit
  - Effective: 2023-11-30
  source text: On November 30, 2023, Art’s-Way Manufacturing, Co., Inc. (the “Company”) entered into an amendment (the “Amendment”) of its $500,000 revolving line of credit with Bank Midwest, dated August 30, 2023 (the “Line of Credit”), extending the maturity date from November 30, 2023 to March 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/7623/000143774923033505/0001437749-23-033505-index.htm

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