Parks America subsidiary refinances $2.5M term loan with Cendera; pays off prior First Financial loan

PARKS AMERICA, INC

Aggieland-Parks entered $2.5M term loan with Cendera at Prime minus 0.50% (7.5% initial), 10-year term, 15-year amort.
Proceeds paid off $2.39M outstanding on 2020 First Financial loan (5% fixed, $53,213 monthly).
New loan initial monthly payment ~$23,200; secured by AWAS assets plus $2.5M cash collateral from Focus Compounding.
Approximately $56,500 in fees and expenses paid for the refinancing.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.