{"filing":{"accession_number":"0001493152-26-041987","cik":"0001297937","ticker":"PRKA","company_name":"PARKS AMERICA, INC","form":"8-K","filing_date":"2026-09-09","report_date":"2026-09-03","primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1297937/000149315226041987/form8-k.htm"},"events":[{"id":32423,"run_id":29787,"accession_number":"0001493152-26-041987","anchor_item_number":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Parks! America's subsidiary Wild Animal Safari, Inc. entered into a $1.30 million term loan credit agreement with Cendera Bank on September 3, 2026 (Item 1.01), with proceeds used to refinance existing Synovus Bank debt. The loan matures in 2033 with a fixed interest rate of 7.35% and includes financial covenants (minimum 1.20:1.00 Debt Service Coverage Ratio). This is a material creation of a direct financial obligation disclosed under Items 1.01, 1.02, and 2.03, representing a significant refinancing event for the registrant.","company_name":"PARKS AMERICA, INC","ticker":"PRKA","filing_date":"2026-09-09","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":35591,"accession_number":"0001493152-26-041987","item_number":null,"item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Parks! America's subsidiary Wild Animal Safari, Inc. entered into a $1.30 million term loan credit agreement with Cendera Bank on September 3, 2026 (Item 1.01), with proceeds used to refinance existing Synovus Bank debt. The loan matures in 2033 with a fixed interest rate of 7.35% and includes financial covenants (minimum 1.20:1.00 Debt Service Coverage Ratio). This is a material creation of a direct financial obligation disclosed under Items 1.01, 1.02, and 2.03, representing a significant refinancing event for the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-09T21:16:37.506352+00:00","company_name":"PARKS AMERICA, INC","ticker":"PRKA","filing_date":"2026-09-09"}]}
