---
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"
generated_at: "2026-05-16T08:47:31.662246+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sachem Capital extends $50M Needham Bank credit facility to March 2028, with conditional option to March 2029

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001682220-26-000004
- JSON: https://secwatch.observer/filing/0001682220-26-000004.json
- Plain text: https://secwatch.observer/filing/0001682220-26-000004.txt

## Key facts
- Material Agreements
  Sachem Capital Corp. amended Amendment No. 2 with Needham Bank (effective 2026-01-21).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Needham Bank
  - Effective: 2026-01-21
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1682220/000168222026000004/0001682220-26-000004-index.htm

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