Noble Roman’s secures new senior secured loan of about $6.9 million from Lake Forest Bank & Trust

Reuters2026/08/12 20:55

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Noble Roman's secured a new senior secured term loan of about USD 6.9 million from Lake Forest Bank & Trust.
Financing repaid the prior senior secured term loan. Warrants tied to the prior loan were purchased and extinguished.
Sub debt notes were repaid. A USD 353,000 write-off of unamortized loan and warrant costs hit 2026 net income.
New loan carries interest at SOFR + 4%, currently about 7.6%. Principal amortizes monthly over 60 months.
Total interest cost projected at about USD 161,000 in Q3 2026 versus about USD 406,000 in Q3 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Noble Roman's Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608121655ACCESSWRNAPR_____1206661) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Noble Roman’s secures new senior secured loan of about $6.9 million from Lake Forest Bank & Trust

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