---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-098583"
form_type: "8-K"
ticker: "TPCS"
cik: "0001328792"
company_name: "TECHPRECISION CORP"
filed_at: "2024-09-10T23:59:59+00:00"
generated_at: "2026-05-31T05:35:50.760058+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TechPrecision extends revolver maturity to Jan 2025; discloses existing loan defaults

## Summary
- Revolving credit line maturity extended from Aug 30, 2024 to Jan 15, 2025.
- Borrowers failed to meet minimum Debt Service Coverage Ratio for periods ending Sep 30 and Dec 31, 2023 (Existing Defaults).
- Lender reserves all rights including acceleration and default interest; no waivers granted.
- Modification fee of $7,500 paid; all security and guaranties remain in effect.
- Extension is short-term (approx. 4.5 months); borrowings up to $5 million revolver.

## SEC filing metadata
- accession: 0001104659-24-098583
- form_type: 8-K
- ticker: TPCS
- cik: 0001328792
- company_name: TECHPRECISION CORP
- filed_at: 2024-09-10T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1328792/000110465924098583/0001104659-24-098583-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1328792/000110465924098583/tm2423461d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-098583
- JSON: https://secwatch.observer/filing/0001104659-24-098583.json
- Plain text: https://secwatch.observer/filing/0001104659-24-098583.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.