---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-21-010946"
form_type: "8-K"
ticker: "TRAK"
cik: "0000050471"
company_name: "ReposiTrak, Inc."
filed_at: "2021-10-12T23:59:59+00:00"
generated_at: "2026-06-28T21:38:05.660124+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Park City Group enters $10M revolving credit facility with U.S. Bank, replacing prior $6M line

## Summary
- New $10.0 million revolving credit facility with U.S. Bank, maturing March 31, 2023.
- Interest rate of 1.75% plus one-month LIBOR; includes SOFR fallback provisions.
- Replaces prior $6.0 million credit facility from January 2019; proceeds for working capital.
- Covenants: maintain liquid assets ≥ outstanding balance; Senior Funded Debt/EBITDA ≤ 3:1.

## SEC filing metadata
- accession: 0001654954-21-010946
- form_type: 8-K
- ticker: TRAK
- cik: 0000050471
- company_name: ReposiTrak, Inc.
- filed_at: 2021-10-12T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50471/000165495421010946/0001654954-21-010946-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50471/000165495421010946/pcyg8k_oct62021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-21-010946
- JSON: https://secwatch.observer/filing/0001654954-21-010946.json
- Plain text: https://secwatch.observer/filing/0001654954-21-010946.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.