Letter Agreement dated July 12, 2019 between Petrogress, Inc. and Christos P. Traios regarding Extension of Maturity Date of Revolving Line of Credit Agreement

Contract Categories: Business Finance - Credit Agreements
EX-10.6 2 ex_154826.htm EXHIBIT 10.6 ex_154826.htm

Exhibit 10.6


Christos P. Traios

10, Sp. Trikoupi Street

18538 Piraeus – Greece


Date: July 12, 2019


Petrogress, Inc.

1013 Centre Rd, Suite 403-A

Wilmington, DE 19805





Re:     Extension of Maturity Date of Revolving Line of Credit Agreement




Please be advised that the undersigned hereby extends the maturity date of that certain Revolving Line of Credit Agreement dated July 13, 2017 (the “Credit Agreement”) pursuant to which the undersigned provided a revolving line of credit in the principal amount of up to $1,000,000 to Petrogress, Inc. (the “Company”). Consequently, the date hereof July 13, 2020 shall be the final Maturity Date of the Line of Credit Note.




















 Christos P. Traios







Petrogress, Inc.




By: /s/ Christos P. Traios

       President and Chief Executive officer