secwatch.observer — SEC 8-K summary
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Issuer:     MANHATTAN BRIDGE CAPITAL, INC (LOAN)
CIK:        0001080340
Form:       8-K
Filed at:   2022-04-25T23:59:59+00:00
Accession:  0001493152-22-010865
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Manhattan Bridge Capital raises loan limits to $2M, expands into Florida
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- Individual loan limit increased from $1M to $2M per amendment to credit agreement.
- Concentration per mortgagor raised from $2.5M to $5M.
- Company permitted to originate loans in Florida counties south of Palm Beach and Lee, up to $4.875M.
- Amendment with lenders Webster, Flushing, and Mizrahi; Assaf Ran remains guarantor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1080340/000149315222010865/0001493152-22-010865-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1080340/000149315222010865/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-010865

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