Air Industries extends Webster Bank loan maturity to Sept 30, 2026; pays $25K fee

AIR INDUSTRIES GROUP

Eleventh Amendment to Loan & Security Agreement extends maturity date of revolving credit and term loans to September 30, 2026.
Borrowers paid a non-refundable amendment fee of $25,000; additional $150,000 fee due at maturity.
All other terms of the Loan Agreement remain unchanged; no Default or Event of Default continuing.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AIR INDUSTRIES GROUP amended Eleventh Amendment to Loan and Security Agreement with Webster Bank valued at Maturity date extended to September 30, 2026 (effective 2026-02-26).

Action: amendment
Agreement: credit facility
Counterparty: Webster Bank
Value: Maturity date extended to September 30, 2026
Effective: 2026-02-26

Exact text from the filing

On February 26, 2026, we, Air Industries Group, entered into an Eleventh Amendment to our Loan and Security Agreement with Webster Bank ("Eleventh Amendment").

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Source: SEC EDGAR

accession 0001213900-26-021066

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