On December 22, 2017, ATRM Holdings, Inc. (the “Company”) entered into a Sixth agreement of amendment to Loan and Security Agreement (the “KBS Loan Amendment”) to amend the terms of the Loan and Security Agreement, dated as of February 23, 2016 (as amended, the “KBS Loan Agreement”), by and among the company, KBS Builders, Inc., a wholly-owned subsidiary of the company (“KBS”), and Gerber Finance Inc. (“Gerber Finance”), providing KBS with a credit facility based on a formula tied to certain eligible assets of KBS. The KBS Loan Amendment amended the KBS Loan Agreement to expand the borrowing base, extend the availability of permitted overadvances under certain circumstances, and make certain other changes.