Aggieland-Parks, Inc., a subsidiary of Parks! America, Inc., has entered into a refinancing agreement with Cendera Bank, referred to as the 2026 Refinancing. This agreement modifies the original Term Loan Agreement dated September 30, 2024. The new loan, the 2026 Term Loan, has a principal balance of $2.33 million and matures on June 1, 2033. It features a seven-year term with a 25-year amortization schedule, culminating in a balloon payment on the maturity date. The initial monthly payment is estimated at $16,561. The loan initially had a variable interest rate based on CME 1-month SOFR plus 2.70%, which was 6.34% as of June 17, 2026. Through a Promissory Note Rate Conversion Agreement with SouthState Bank, N.A. (ARC Fixed Rate Provider), the interest rate is converted to a fixed rate of 6.99% for the loan's term. Aggieland-Parks, Inc. paid approximately $14,900 in fees and expenses for this refinancing. The loan is secured by substantially all of Aggieland-Parks, Inc.'s assets and is guaranteed by the parent company, Parks! America, Inc. The refinancing removes a $2.5 million cash collateral reserve previously established by Focused Compounding Fund, L.P.