secwatch.observer — SEC 8-K summary
======================================

Issuer:     GBT Technologies Inc. (GTCH)
CIK:        0001471781
Form:       8-K
Filed at:   2021-10-06T23:59:59+00:00
Accession:  0001731122-21-001658
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GBT Technologies amends SBA EIDL loan, receives additional $200,000 at 3.75%
----------------------------------------------------------------------------

- Original $150,000 EIDL loan modified to add $200,000, total principal of $350,000.
- Monthly payment increased from $731 to $1,771, commencing June 2022; interest unchanged at 3.75%.
- Loan matures 30 years from original June 2020 issuance; payments start after 24-month deferral.
- Guaranteed by former CEO Douglas Davis (now consultant) and controlling shareholder GBT Tokenize Corp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1471781/000173112221001658/0001731122-21-001658-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1471781/000173112221001658/e3163_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-21-001658

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer