{"schema_version":"secwatch.filing_event.v1","accession":"0001682220-26-000004","form_type":"8-K","ticker":"SACH","cik":"0001682220","company_name":"Sachem Capital Corp.","filed_at":"2026-01-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.882275+00:00","generated_at":"2026-05-16T08:47:31.662246+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sachem Capital extends $50M Needham Bank credit facility to March 2028, with conditional option to March 2029","bullets":["Amendment No. 2 extends maturity of $50M revolving credit facility from March 2, 2026 to March 2, 2028.","Conditional one-year extension to March 2, 2029 is available if lenders consent and no Event of Default exists.","Borrower pays $150,000 extension fee to lenders, fully earned on effective date January 21, 2026.","All other terms of the Credit, Security and Guaranty Agreement remain unchanged.","Needham Bank remains administrative agent; SN Holdings, LLC is borrower, Sachem Capital is guarantor."],"urls":{"canonical":"https://secwatch.observer/filing/0001682220-26-000004","json":"https://secwatch.observer/filing/0001682220-26-000004.json","markdown":"https://secwatch.observer/filing/0001682220-26-000004.md","text":"https://secwatch.observer/filing/0001682220-26-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1682220/000168222026000004/0001682220-26-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1682220/000168222026000004/sach-20260121.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T08:47:31.662246+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":"09e3d3470c436cb0882f6686c085bcaf58bce932","claim":"Sachem Capital Corp. amended Amendment No. 2 with Needham Bank (effective 2026-01-21).","evidence_excerpt":"On January 21, 2026, Sachem Capital Corp. (the “Company”) entered into Amendment No. 2 (“Amendment No. 2”) to the Credit, Security and Guaranty Agreement, among the Company, as the guarantor, SN Holdings, LLC, a Connecticut limited liability company and wholly owned subsidiary of the Company, as the borrower, Needham Bank, a Massachusetts co-operative bank, as the administrative agent for the lenders party thereto with respect to the $50 million revolving credit facility (the “Needham Credit Facility”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1682220/000168222026000004/0001682220-26-000004-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Needham Bank"},{"label":"Effective","value":"2026-01-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}