{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-030092","form_type":"8-K","ticker":"ADMQ","cik":"0001588014","company_name":"ADM ENDEAVORS, INC.","filed_at":"2022-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.300487+00:00","generated_at":"2026-06-22T18:22:33.174426+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"ADM Endeavors enters $4.62M construction loan with CapTex Bank at 5.5%","bullets":["Loan of up to $4,618,960 for construction and refinance of properties in Fort Worth and Haltom City, TX.","Interest rate 5.5% p.a., adjusting Oct 2027 to prime +1% (subject to 18% cap).","Interest-only payments Nov 2022–Apr 2024; then $26,458.87 monthly P&I through Oct 2032.","Secured by deeds of trust on both properties and personal guarantee of CEO Marc Johnson; $46,189.60 origination fee."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-030092","json":"https://secwatch.observer/filing/0001493152-22-030092.json","markdown":"https://secwatch.observer/filing/0001493152-22-030092.md","text":"https://secwatch.observer/filing/0001493152-22-030092.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1588014/000149315222030092/0001493152-22-030092-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1588014/000149315222030092/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T18:22:33.174426+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":[{"claim_id":"bda25737c78c31e01cc5d743bec0dbb4aa254f92","claim":"ADM ENDEAVORS, INC. incurred credit facility of up to $4,618,960 with CapTex Bank at 5.5% per annum, subject to adjustment on October 25, 2027, to 1% over the U.S. p maturing October 25, 2032.","evidence_excerpt":"the “ Note ”) to, CapTex Bank, a Texas banking association (the “ Lender ”), pursuant to which the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1588014/000149315222030092/0001493152-22-030092-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $4,618,960"},{"label":"Counterparty","value":"CapTex Bank"},{"label":"Rate","value":"5.5% per annum, subject to adjustment on October 25, 2027, to 1% over the U.S. p"},{"label":"Maturity","value":"October 25, 2032"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"905067121dcd7e2bdc5b0868f498c90764c1e3b3","claim":"ADM ENDEAVORS, INC. entered into Construction Loan Agreement with CapTex Bank valued at $4,618,960 (effective 2022-10-25).","evidence_excerpt":"Effective as of October 25, 2022, ADM Endeavors, Inc., a Nevada corporation (the “ Company ”), and Just Right Products, Inc., the Company’s Texas subsidiary (the “ Subsidiary ,” and together with the Company, the “ Borrowers ”), entered into a Construction Loan Agreement (the “ Loan Agreement ”) with, and issued an accompanying Promissory Note (the “ Note ”) to, CapTex Bank, a Texas banking association (the “ Lender ”), pursuant to which the Lender agreed to loan up to $4,618,960 to the Borrowers","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1588014/000149315222030092/0001493152-22-030092-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"CapTex Bank"},{"label":"Value","value":"$4,618,960"},{"label":"Effective","value":"2022-10-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}