Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 656

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 656
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 | ​ | ​ | ​            | ​ |         — | ​ | ​ | ​ | ​                | ​ |    94,896 | ​ | ​ |
| Fuel tax and other credits applied                  | ​ | ​ | ​            | ​ |   -24,729 | ​ | ​ | ​ | ​                | ​ |   -49,458 | ​ | ​ |
| Other                                               | ​ | ​ | ​            | ​ | 1,100,350 | ​ | ​ | ​ | ​                | ​ |    67,247 | ​ | ​ |
| Change in valuation allowance                       | ​ | ​ | ​            | ​ |   -54,033 | ​ | ​ | ​ | ​                | ​ |  -477,031 | ​ | ​ |
| ​                                                   | ​ | ​ | ​            | $ |     2,009 | ​ | ​ | ​ | ​                | $ |   581,180 | ​ | ​ |

Note 4. Line of Credit SRM’s line of credit was renewed on July 16, 2024 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 June 30, 2025, and December 31, 2024, the line of credit had an outstanding balance of $28,185 and $137,955 and an interest rate of 8.00 percent. 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:

| ​                                                                                                                                                                                                    | ​ | ​ | June 30,2025 |   |   |   | ​ | ​ | December 31,2024 |   |         |   | ​ |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:--|:--|:-------------|:--|:--|:--|:--|:--|:-----------------|:--|--------:|:--|:--|
| Note payable to bank for $4,500,000, with interest at 4.75%, payable inmonthly principal and