{"url_path":"/sec/fcuv/8-k/2026-04-27/item-2-03","section_key":"item-2-03","section_title":"Item 2.03 **","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-04-27","source_url":"https://www.sec.gov/Archives/edgar/data/1590418/0001683168-26-003231-index.html","accession_number":"0001683168-26-003231","cik":"0001590418","ticker":"FCUV","issuer_name":"FOCUS UNIVERSAL INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1590418/0001683168-26-003231-index.html","primary_entity_key":"0001590418","primary_entity_name":"FOCUS UNIVERSAL INC."},"word_count":181,"has_tables":true,"body_markdown":"**Item 2.03**\n**Creation of Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.**\n\n \n\nLusher Holding entered into a loan with East West\nBank to borrow $11,050,000, at 6.25% interest for the first 3 years, then floating at the Wall Street Journal Prime Rate plus (+) 0.25%\nfor the remaining term, with a floor interest rate at 6.25% to facilitate the purchase of the Property (“**East West Loan**”).\n\n \n\nThe East West Loan provides for 83 consecutive\nmonthly principal and interest payments of approximately $68,698.64, beginning on May 1, 2026, and subsequently, 83 consequent instalments\nof principal and interest payments of an estimated amount of approximately $73,917.99 (subject to change based on Wall Street Journal\nPrime Rate plus 0.25%) each beginning May 1, 2029. A final principal and interest payment of approximately $9,533,143.67 is due on April\n1, 2036 (subject to change based on Wall Street Journal Prime Rate plus 0.25%).\n\n \n\nThe Company is listed as the primary guarantor\nof the East West Loan and our Chief Executive Officer, Dr. Desheng Wang, is listed as a secondary guarantor."}