Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
BOSTON OMAHA Corp incurred term loan of $11,484,706 with United States Department of Agriculture at U.S. Treasury rate then in effect at the time of drawdown maturing 20 year term loan.
- Instrument
- term loan
- Principal
- $11,484,706
- Counterparty
- United States Department of Agriculture
- Rate
- U.S. Treasury rate then in effect at the time of drawdown
- Maturity
- 20 year term loan
- Event
- incurrence
Exact text from the filing
approval from the United States Department of Agriculture of a grant and loan awards under the Rural Utilities Service ReConnect Program. The loan and the grant are each for $11,484,706, respectively. The loan will be in the form of long-term debt available as requested by BOB in multiple draw downs over a period not to exceed five years from the date of the
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
BOSTON OMAHA Corp incurred guarantee with United States Department of Agriculture.
- Instrument
- guarantee
- Counterparty
- United States Department of Agriculture
- Event
- incurrence
Exact text from the filing
Boston Omaha Corporation (the "Company"), as the ultimate parent of FIF Utah, has unconditionally guaranteed the sums due under the loan.
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