FreightCar America, Inc 8-K, filed Jul 15, 2021
FreightCar America, Inc. (RAIL)
About this 8-K
FreightCar America, Inc filed this 8-K on July 15, 2021, reporting on events of July 14, 2021.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Section 8 – Other Events.
Item 8.01. Other Events.
On April 16, 2020, FreightCar America, Inc. (the “Company”) received $10.0 million from BMO Harris Bank N.A. (the “Lender”), pursuant to the Paycheck Protection Program (the “PPP Loan”) of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). The Company used all proceeds from the PPP Loan towards eligible expenses under the CARES Act .
On July 14, 2021, the Company received a notification from the Lender that the Small Business Administration approved the Company’s PPP Loan forgiveness application for the entire $10.0 million balance, together with interest accrued thereon, of the PPP Loan and that the remaining balance of the PPP Loan is zero.
SIGNATURES
Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| FreightCar America, Inc. | |||
| Date: July 14, 2021 | By: | /s/ Terence R. Rogers | |
| Name: | Terence R. Rogers | ||
| Title: | Chief Financial Officer, Treasurer and Corporate Secretary | ||