Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 633

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 633
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 with an available balance of $3,000,000. The line of credit matures July 30, 2026. The line carries a variable rate of interest (Prosperity Bank, N.A. Prime Rate) and requires a monthly interest payment based on outstanding borrowings. At December 31, 2024 and 2023, the line of credit had an outstanding balance of $137,955 and $849,408 and an interest rate of 7.25 percent and 8.00 percent, respectively. The line of credit is collateralized by all inventory, equipment, and general intangibles of the Companies in addition to being guaranteed by SRM, Sand and Leasing and its subsidiary and the individual stockholders and members. Note 5. Long-Term Debt The Companies’ Long-term debt consists of the following at December 31:

| ​                                                                                                                                                                                                                           | ​ | ​ | 2024 |   |         |   | ​ | ​ | 2023 |   |           |   | ​ |
|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:--|:--|:-----|:--|--------:|:--|:--|:--|:-----|:--|----------:|:--|:--|
| Note payable to bank for $4,500,000, with interest at 4.75%, payable in monthlyprincipal and interest installments of $63,225 beginning May 2018 andmaturing April 2025. Collateralized by equipment.                       | ​ | ​ | ​    | $ | 309,048 | ​ | ​ | ​ | ​    | $ | 1,040,873 | ​ | ​ |
| Note payable to Metro Ready Mix for $6,000,000, with interest at 3.5%, payablein monthly principal and interest installments of $80,639 beginning May 2018and maturing April 2025. Guaranteed by owners of Company.         | ​ | ​ | ​    | ​ | 320,217 | ​ | ​ | ​ | ​    | ​ | 1,258,790 | ​ | ​ |
| Note payable to Metro Ready Mix, LLC, for $2,500,000, with interest at 3.5%, payable in monthly principal and interest installments of $33,600 beginning May 2018 and maturing April 2025. Guaranteed by owners of Company. | ​ | ​ | ​    | ​ | 133,