{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-22-001739","form_type":"8-K","ticker":"SMID","cik":"0000924719","company_name":"SMITH MIDLAND CORP","filed_at":"2022-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:04:10.412436+00:00","generated_at":"2026-06-27T07:47:44.875366+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Smith-Midland issues $2.8M promissory note at 4.09% for Virginia real estate","bullets":["$2,805,000 note payable to Summit Community Bank, fixed 4.09% interest rate, 15-year term.","Monthly principal and interest payments of $20,956; loan matures February 10, 2037.","Collateralized by first lien on approximately 29.8 acres in Midland, VA acquired earlier.","Covenants limit annual capital expenditures to $3.5M and require tangible equity of $10.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-22-001739","json":"https://secwatch.observer/filing/0001654954-22-001739.json","markdown":"https://secwatch.observer/filing/0001654954-22-001739.md","text":"https://secwatch.observer/filing/0001654954-22-001739.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924719/000165495422001739/0001654954-22-001739-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924719/000165495422001739/smid_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T07:47:44.875366+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"}