TechPrecision Extends $4.5 Million Revolving Credit Facility with Beacon Bank to May 2026

Reuters01-15
TechPrecision Extends $4.5 Million Revolving Credit Facility with Beacon Bank to May 2026

TechPrecision Corporation, through its wholly owned subsidiary Ranor, Inc., has amended its existing loan agreement with Beacon Bank & Trust, successor by merger to Berkshire Bank. The amendment, entered into on January 12, 2026, extends the maturity date of the company’s $4.5 million revolving line of credit from January 16, 2026 to May 15, 2026. No other material changes to the loan terms were disclosed.

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