UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 5, 2020

 


 

Crawford United Corporation

(Exact Name of Registrant as Specified in Charter)

 


 

Ohio

 

000-00147

 

34-0288470

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

10514 Dupont Avenue

Cleveland, Ohio

 

44108

(Address of Principal Executive Offices)

 

(Zip Code)

 

(216) 243-2614

(Registrant’s telephone number, including area code) 

 


Securities registered pursuant to Section 12(b) of the Act: None.

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐,

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 

 

 

 

Item 8.01. Other Events.

 

 

On May 5, 2020, Crawford United Corporation (the “Company”), announced it was returning all $3,679,383 in proceeds from a loan (the “Loan”) provided by JPMorgan Chase Bank, N.A. to the Company on April 10, 2020. The Loan was granted under the Paycheck Protection Program established by Congress under the Coronavirus Aid, Relief, and Economic Security Act.

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CRAWFORD UNITED CORPORATION

 

 

 

 

Date: May 8, 2020

 

 

 

 

 

/s/ Kelly J. Marek 

 

 

 

 

 

 

Name: Kelly J. Marek

 

 

 

 

 

 

Its: Vice President and Chief Financial Officer