{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-023159","form_type":"8-K","ticker":"KRT","cik":"0001758021","company_name":"Karat Packaging Inc.","filed_at":"2023-06-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.411561+00:00","generated_at":"2026-06-13T19:12:31.738224+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Karat Packaging increases standby LC sublimit to $5M under existing Hanmi Bank line","bullets":["Amendment dated June 20, 2023 raises standby letter of credit sublimit to $5M.","Existing $40M line of credit remains unchanged; secured by company assets.","No commitment fee on undrawn portion; interest payable monthly.","Agreement is with Lollicup USA Inc. as borrower; Hanmi Bank as lender."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-023159","json":"https://secwatch.observer/filing/0001628280-23-023159.json","markdown":"https://secwatch.observer/filing/0001628280-23-023159.md","text":"https://secwatch.observer/filing/0001628280-23-023159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1758021/000162828023023159/0001628280-23-023159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1758021/000162828023023159/krt-20230620.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T19:12:31.738224+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":"e299c5dd615a6283fc3ba621ed853a8abd7b07e8","claim":"Karat Packaging Inc. amended Amendment with Hanmi Bank valued at $5,000,000 (effective 2023-06-20).","evidence_excerpt":"The Line of Credit also includes a standby letter of credit sublimit, which was amended and increased to $5,000,000 on June 20, 2023 (the \"Amendment\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1758021/000162828023023159/0001628280-23-023159-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Hanmi Bank"},{"label":"Value","value":"$5,000,000"},{"label":"Effective","value":"2023-06-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}