UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                    FORM 8-K


                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


     Date of report (Date of earliest event reported):        April 22, 2008

                           CVD EQUIPMENT CORPORATION
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             (Exact Name of Registrant as Specified in Its Charter)


                                    New York
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         (State or Other Jurisdiction of Incorporation or Organization)

          1-16525                                 11-2621692
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   (Commission File Number)               (IRS Employer Identification No.)

                 1860 Smithtown Ave., Ronkonkoma, New York 11779
          (Address of Principal Executive Offices, Including Zip Code)


                                 (631) 981-7081
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              (Registrant's Telephone Number, Including Area Code)


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         (Former Name or Former Address, if Changed Since Last Report)

            Check the appropriate box below if the Form 8-K filing is
           intended to simultaneously satisfy the filing obligation of
              the registrant under any of the following provisions
                      (see General Instruction A.2. below):

     [ ]  Written communications pursuant to Rule 425 under the Securities Act
          (17 CFR 230.425)

     [ ]  Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act
          (17 CFR 240.14a-12)

     [ ]  Pre-commencement  communications pursuant to Rule 14d-2(b) under the
          Exchange Act (17 CFR 240.14d-2(b))

     [ ]  Pre-commencement  communications pursuant to Rule 13e-4(c) under the
          Exchange Act (17 CFR 240.13e-4(c))





Item 1.01 Entry into a Material Definitive Agreement.

On April 22, 2008, CVD Equipment  Corporation (the "Registrant")  entered into a
three  year  Modified  and  Restated   Revolving  Credit  Agreement  (the  "Loan
Agreement") with Capital One, N.A.,  successor by merger to North Fork Bank (the
"Bank")  pursuant  to which the Bank has  agreed to make  revolving  loans  (the
"Loan") to the Registrant of up to $5 million dollars. The Loan Agreement amends
and supersedes the  Registrant's  previous $2 million  dollar  revolving  credit
facility  with the Bank.  The Loan is evidenced by a  consolidated  and restated
revolving line of credit note (the "Revolving Credit Note"),  the obligations of
which are secured by a first priority lien and security interest in all personal
property owned by the Registrant,  all of the Registrant's  monies,  deposits or
other sums held by the Bank on deposit and $500,000 dollars of the proceeds of a
life insurance policy which is owned by the Registrant and issued on the life of
the Registrant's Chief Executive Officer, Leonard A. Rosenbaum.

The Loan will bear interest on the unpaid principal balance thereof from time to
time  outstanding  at a rate per annum to be  elected by the  Registrant,  which
shall be equal to either  (1) the  Effective  LIBOR  Rate plus  2.00% or (2) the
Bank's Prime Rate minus .25%.

The obligation of the Registrant to pay the amounts  outstanding  under the Loan
Agreement  may be  accelerated  upon the  occurrence of an "Event of Default" as
defined in the Loan Agreement.

The foregoing  description of the Loan  Agreement and the Revolving  Credit Note
described above is only a summary and is not intended to be complete description
of all of the terms  thereof.  You are encouraged to read the documents in their
entirety. A copy of the same is attached as an exhibit to this Current Report on
Form 8-K and the text is hereby  incorporated by reference.  Certain capitalized
terms used herein but not defined shall have the meaning ascribed to them in the
Loan Agreement.

Item 9.01 Financial Statements and Exhibits.

          (c) Exhibits.

10.1 Modified and Restated Revolving Credit Agreement between the Registrant and
     the Bank.

10.2 Consolidated and Restated Revolving Line of Credit Note.







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SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                    CVD EQUIPMENT CORPORATION



Date: April 28, 2008               /s/ Leonard A. Rosenbaum
                                   -------------------------------------------
                                   Name:  Leonard A. Rosenbaum
                                   Title: Chairman, President, and
                                          Chief Executive Officer









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