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BT Machine & Fabrication, LLC — SBA Loan Record (Elkhart, IA) | DealRoom

Intelligence/Farm Machinery and Equipment Manufacturing/IA

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SBA lending record

BT Machine & Fabrication, LLC

1410 W Walnut St, Elkhart, IA 50073 · Farm Machinery and Equipment Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$200K

Total SBA financing

1

Loan on record

FY2024

On record

3

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is BT Machine & Fabrication, LLC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$200,000 — FY2024

Gross approval: $200,000
SBA guaranteed: $150,000 (75%)
Status: Current
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: Standard Asset Base Working Capital Line
Subprogram: Standard Asset Based
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/3/2024
First disbursement: 11/15/2024
Days to fund: 135 days
Collateral: Required
Jobs supported: 3
Business type: Partnership
Business age: New Business or 2 years or less
Industry: Farm Machinery and Equipment Manufacturing
NAICS code: 333111
Lender: Northwest Bank
Address: 1410 W Walnut St
City: Elkhart, 50073
County: Polk
SBA district office: DES MOINES DISTRICT OFFICE
Congressional district: 3

The lender

Northwest Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding farm machinery and equipment manufacturing — by location, industry.

SBA lenders in Iowa Lenders for farm machinery and equipment manufacturing Farm Machinery and Equipment Manufacturing lenders in Iowa

Similar businesses

Comparable farm machinery and equipment manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Ver Steegh Manufacturing LLC

Oskaloosa, IA· ~60 mi

Farm Machinery and Equipment Manufacturing

$499K
SBA financing: ≈ $979K–$1.6M
Est. revenue (rough)

Chad Riesenberg

Earling, IA· ~99 mi

Farm Machinery and Equipment Manufacturing

$68K
SBA financing: ≈ $133K–$221K
Est. revenue (rough)

Superior Industries, LLC

Superior, NE· ~267 mi

Farm Machinery and Equipment Manufacturing

$204K
SBA financing: ≈ $400K–$667K
Est. revenue (rough)

Kreft Machine & Repair LLC

York, NE· ~222 mi

Farm Machinery and Equipment Manufacturing

$360K
SBA financing: ≈ $706K–$1.2M
Est. revenue (rough)

Skousen Manufacturing Limited Liability Company

Idaho Falls, ID· ~943 mi

Farm Machinery and Equipment Manufacturing

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

Lincoln Outdoors LLC

Rockford, MI· ~417 mi

Farm Machinery and Equipment Manufacturing

$312K
SBA financing: ≈ $612K–$1.0M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for BT Machine & Fabrication, LLC in Elkhart, IA (Farm Machinery and Equipment Manufacturing). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $200K
On record FY2024
3 jobs supported
Industry: Farm Machinery and Equipment Manufacturing
Location: Elkhart, IA
Lender: Northwest Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Farm Machinery and Equipment Manufacturing businesses in IA for ~$200k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/bt-machine-fabrication-llc-ia
API:: https://dealroom.so/api/public/businesses/bt-machine-fabrication-llc-ia
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is BT Machine & Fabrication, LLC your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with BT Machine & Fabrication, LLC.