Item 1.01 Entry into a Material Definitive Agreement

On February 3, 2021, Cardinal Ethanol, LLC ("Cardinal") and its primary lender, First National Bank of Omaha (the "Bank"), executed a Sixteenth Amendment of First Amended and Restated Construction Loan Agreement, to be effective as of January 26, 2021, which amends the First Amended and Restated Construction Loan Agreement dated June 10, 2013 (the "Amendment"). The primary purposes of the Amendment are to extend the termination dates of the Revolving Credit Loan and Declining Revolving Loan to April 30, 2021, and increase the limit under the Revolving Credit Loan to $20,000,000. In connection with the Amendment, Cardinal executed a First Amended and Restated Revolving Credit Note.

Item 9.01 Financial Statements and Exhibits



(a)None.

(b)None.

(c)None.

(d)Exhibits.

Exhibit No.  Description

     99.1             Sixteenth Amendment of First Amended and Restated Construction Loan
                      Agreement with First National Bank of Omaha
     99.2             First Amended and Restated Revolving Credit Note with First National Bank of
                      Omaha

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