debt
confidence high
sentiment neutral
materiality 0.50
Air Industries extends Webster Bank loan maturity to Nov 30, 2026
AIR INDUSTRIES GROUP
- Twelfth Amendment extends maturity of revolving credit and term loans under Webster Bank agreement to November 30, 2026.
- Subordinated notes held by Michael Taglich and Robert Taglich extended to December 1, 2026.
- Air Industries pays non-refundable $25,000 amendment fee to Webster Bank for the extension.
- All other Loan Agreement terms remain in full force; no waivers or defaults noted.