Item 1.01 Entry into a Material Definitive Agreement.

On September 14, 2020, Freshstart Venture Capital Corp. ("Freshstart"), a wholly-owned subsidiary of Medallion Financial Corp. (the "Company"), entered into amendments (the "Amendments") which amended (i) the Loan Agreement, effective as of January 25, 2017 (the "Loan Agreement"), by and among U.S. Small Business Administration ("SBA"), Freshstart and the Company and (ii) the Note, effective March 1, 2017 (the "Note"), by Freshstart, to SBA. Under the terms of the Amendments, the maturity date was extended to September 23, 2020. Freshstart and SBA entered into the Amendments while additional amendments to the Loan Agreement and Note are being finalized.

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendments, copies of which are filed as Exhibit 4.1 and Exhibit 10.1 to this Current Report on Form 8-K, which are incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits






(d) Exhibits

The following exhibits are being filed with this Current Report on Form 8-K:





4.1      Amendment No. 10 to Note, dated and effective as of September 14, 2020,
       by and between U.S. Small Business Administration and Freshstart Venture
       Capital Corp.


10.1     Amendment No. 11 to Loan Agreement, dated and effective as of September
       14, 2020, by and between U.S. Small Business Administration and Freshstart
       Venture Capital Corp.

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