{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-039587","form_type":"8-K","ticker":"PRKA","cik":"0001297937","company_name":"PARKS AMERICA, INC","filed_at":"2024-10-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.006575+00:00","generated_at":"2026-05-30T19:52:56.617763+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Parks America subsidiary refinances $2.5M term loan with Cendera; pays off prior First Financial loan","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-039587","json":"https://secwatch.observer/filing/0001493152-24-039587.json","markdown":"https://secwatch.observer/filing/0001493152-24-039587.md","text":"https://secwatch.observer/filing/0001493152-24-039587.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1297937/000149315224039587/0001493152-24-039587-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1297937/000149315224039587/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T19:52:56.617763+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}