Dawson geophysical enters loan and security agreement with dominion bank

Dawson geophysical - on sept 30, co entered into a new loan and security agreement with dominion bank.dawson geophysical co - loan agreement may provide for a revolving credit facility in an amount up to lesser of $15 million.dawson geophysical-agreement could also provide for credit facility sum of 80% of accounts receivable,100% of amount on deposit in collateral account.dawson geophysical co - as of september 30, 2019, company has not borrowed any amounts under revolving credit facility.dawson geophysical - all outstanding amounts owed under loan agreement become due and payable no later than maturity date of september 30, 2020.
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