secwatch.observer — SEC 8-K summary
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Issuer:     SELECTIS HEALTH, INC. (GBCS)
CIK:        0000727346
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0001493152-24-015664
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selectis Health secures $750K line of credit at 8.5% due April 2025
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- Entered into Commercial Line of Credit Agreement and Note with Southern Bank for $750,000 principal limit.
- Fixed interest rate of 8.50% per annum.
- Maturity date of April 12, 2025.
- Funds available for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/727346/000149315224015664/0001493152-24-015664-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/727346/000149315224015664/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-015664

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