On December 28, 2016, we entered into an Amended and Restated Master Loan Agreement (“Restated Credit Agreement”), Amended and Restated Monitored Revolving Credit Supplement (“Restated Seasonal Loan Agreement”), and Amended and Restated Revolving Term Promissory Note with our lender, CoBank, ACB, of Greenwood Village, Colorado. See Item 2.03, the text of which is herein incorporated by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On December 28, 2016, we entered into the Restated Credit Agreement and Restated Seasonal Loan Agreement with our lender, CoBank, ACB. Under the Restated Seasonal Loan Agreement, the amount that we may borrow is increased from $10 million to $15 million until April 30, 2017, at which time the maximum is decreased to $5 million until the loan matures on October 1, 2017. Advances on the seasonal loan are secured and limited to qualifying inventory and accounts receivable, net of accrued commodity purchases. Under the Restated Credit Agreement, the amount we may loan to and invest in Prairie AquaTech, LLC, a start-up company engaged in the research and development of protein ingredients derived from agriculture products like soybeans, is restricted. We may not loan or advance Prairie AquaTech more than $2 million and may not invest in any stock or other equities of Prairie AquaTech exceeding $5 million.

All other material items and conditions under the Seasonal Loan and subsequent amendments remain the same following this amendment. The amendment to the Seasonal Loan will be filed as exhibits in our next periodic report.