{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-027893","form_type":"8-K","ticker":"LOAN","cik":"0001080340","company_name":"MANHATTAN BRIDGE CAPITAL, INC","filed_at":"2025-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.741491+00:00","generated_at":"2026-05-16T13:00:08.597560+00:00","sec_items":["1.01","1.02","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Manhattan Bridge Capital subsidiary secures $10M credit line, redeems $6M notes","bullets":["MBC Funding II entered into $10M credit facility with Valley National Bank, maturing Dec 12, 2027.","Interest: Term SOFR (floor 3%) + 2.95%; upfront fee 0.20%, unused line fee 0.25%.","CEO Assaf Ran provided limited guaranty capped at $500,000.","MBC Funding II redeemed all $6M outstanding 6% Senior Secured Notes at par plus accrued interest as of Dec 15, 2025.","Company entered Amendment No. 8 to existing credit agreement with Webster Bank to permit new facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-027893","json":"https://secwatch.observer/filing/0001493152-25-027893.json","markdown":"https://secwatch.observer/filing/0001493152-25-027893.md","text":"https://secwatch.observer/filing/0001493152-25-027893.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1080340/000149315225027893/0001493152-25-027893-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1080340/000149315225027893/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:00:08.597560+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":"d980596d0a29fdc54cb034d046e733eeb62ebb07","claim":"MANHATTAN BRIDGE CAPITAL, INC incurred credit facility of up to $10,000,000 with Valley National Bank at Term SOFR (subject to a floor of 3.00%), as defined in the Note, plus 2.95% per maturing December 12, 2027.","evidence_excerpt":"“ Letter Agreement ”) with Valley National Bank (“ Valley ”), pursuant to which Valley agreed to provide MBC Funding II with a line of credit in the principal amount of up to $10,000,000 (the “ Credit Facility ”). In connection with the Credit Facility, MBC Funding II executed a Line of Credit Note (the “ Note ”), which evidences the advances available under the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1080340/000149315225027893/0001493152-25-027893-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $10,000,000"},{"label":"Counterparty","value":"Valley National Bank"},{"label":"Rate","value":"Term SOFR (subject to a floor of 3.00%), as defined in the Note, plus 2.95% per"},{"label":"Maturity","value":"December 12, 2027"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}