---
title: "Massimo Group Secures Up to $4 Million Unsecured Loan From Executive Chairman at 4%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290701900.md"
description: "Massimo Group secured an unsecured loan of up to $4 million from Executive Chairman David Shan at a 4% interest rate. The facility, effective June 23, 2026, features a one-year draw period with maturity on June 22, 2027. Proceeds will support strategic growth in technology-enabled products, security solutions, and autonomous mobility applications."
datetime: "2026-06-24T13:23:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290701900.md)
  - [en](https://longbridge.com/en/news/290701900.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290701900.md)
generator: "portal-rs"
---

# Massimo Group Secures Up to $4 Million Unsecured Loan From Executive Chairman at 4%

Massimo Group entered into an unsecured loan agreement with Executive Chairman David Shan to support strategic growth initiatives. The facility allows the company to borrow up to $4 million over a one-year draw period at 4% interest, payable monthly in arrears. All outstanding principal and accrued interest are due by June 22, 2027. Management expects the financing to bolster development and commercialization of technology-enabled products, security solutions, and autonomous mobility applications.

**Agreement details:**

-   **Agreement type**: Unsecured loan facility (up to $4 million at 4% interest)
-   **Counterparty**: David Shan
-   **Signed / Effective**: Jun 23 2026 / same
-   **Duration / Termination**: One-year borrowing period; maturity Jun 22 2027
-   **Reason**: Fund strategic growth in tech products, security solutions, and autonomous mobility

Original SEC Filing: Massimo Group \[ MAMO \] - 8-K - Jun. 24, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**