---
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"
generated_at: "2026-06-22T18:22:33.174426+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ADM Endeavors enters $4.62M construction loan with CapTex Bank at 5.5%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-030092
- JSON: https://secwatch.observer/filing/0001493152-22-030092.json
- Plain text: https://secwatch.observer/filing/0001493152-22-030092.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: up to $4,618,960
  - Counterparty: CapTex Bank
  - Rate: 5.5% per annum, subject to adjustment on October 25, 2027, to 1% over the U.S. p
  - Maturity: October 25, 2032
  - Event: incurrence
  source text: the “ Note ”) to, CapTex Bank, a Texas banking association (the “ Lender ”), pursuant to which the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1588014/000149315222030092/0001493152-22-030092-index.htm
- Material Agreements
  ADM ENDEAVORS, INC. entered into Construction Loan Agreement with CapTex Bank valued at $4,618,960 (effective 2022-10-25).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: CapTex Bank
  - Value: $4,618,960
  - Effective: 2022-10-25
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1588014/000149315222030092/0001493152-22-030092-index.htm

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