---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-003736"
form_type: "8-K"
ticker: "TPCS"
cik: "0001328792"
company_name: "TECHPRECISION CORP"
filed_at: "2026-01-14T23:59:59+00:00"
generated_at: "2026-05-16T10:19:41.765753+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 May 2026; acknowledges ongoing covenant defaults

## Summary
- Revolver line of credit maturity extended from Jan 16, 2026 to May 15, 2026; maximum principal $4.5M.
- Borrowers acknowledged existing defaults: failure to meet debt service coverage ratio for 8 periods and balance sheet leverage for 7 periods.
- Lender Beacon Bank reserves all rights, including acceleration and default interest, despite the amendment.
- Borrowers paid a $7,500 modification fee and all reasonable legal expenses of the lender.

## SEC filing metadata
- accession: 0001104659-26-003736
- form_type: 8-K
- ticker: TPCS
- cik: 0001328792
- company_name: TECHPRECISION CORP
- filed_at: 2026-01-14T23:59:59+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/1328792/000110465926003736/0001104659-26-003736-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1328792/000110465926003736/tm263125d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-003736
- JSON: https://secwatch.observer/filing/0001104659-26-003736.json
- Plain text: https://secwatch.observer/filing/0001104659-26-003736.txt

## Key facts
- Material Agreements
  TECHPRECISION CORP amended Thirteenth Amendment to Amended and Restated Loan Agreement and Ninth Amendment to Second Amended and Restated Promissory Note with Beacon Bank & Trust (successor by merger to Berkshire Bank) valued at Extension of maturity date of Revolver Loan from January 16, 2026 to May 15, 2026 (effective 2026-01-12).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Beacon Bank & Trust (successor by merger to Berkshire Bank)
  - Value: Extension of maturity date of Revolver Loan from January 16, 2026 to May 15, 2026
  - Effective: 2026-01-12
  source text: On January 12, 2026, Ranor and the other Borrowers entered into a Thirteenth Amendment to Amended and Restated Loan Agreement and Ninth Amendment to Second Amended and Restated Promissory Note (the “ Amendment ”) with Beacon Bank & Trust, successor by merger to Berkshire Bank (“ Beacon ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1328792/000110465926003736/0001104659-26-003736-index.htm

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