Lender intelligence
Financing a construction machinery manufacturing acquisition in Minnesota
The SBA 7(a) lenders funding the most construction machinery manufacturing acquisitions in Minnesota, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in construction machinery manufacturing · Minnesota
Ranked by funded construction machinery manufacturing acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public construction machinery manufacturing loan history in Minnesota to rank lenders yet. See construction machinery manufacturing lenders nationwide →
4+ funded Construction Machinery Manufacturing in Minnesota deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- STEPP MANUFACTURING INC in North Branch, MN — $1.3M (2021) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.2M (90%)
- Approved
- 2/5/2021
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 50
- Business age
- Change of Ownership
- Industry
- Construction Machinery Manufacturing
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $144K
- Est. cash at closing
- $198K
- Monthly payment
- $8,376
- Annual debt service
- $101K
- Cash flow needed (1.25×)
- $126K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- STEPP MANUFACTURING INC in North Branch, MN — $1.3M (2021) · purchase · Byline Bank
- Program
- International Trade Loans
- Subprogram
- International Trade - Sec, 7(a
- Rate at approval
- 6% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.2M (90%)
- Approval → funding
- 19 days
- Approved
- 2/5/2021
- First disbursed
- 2/24/2021
- Loan status
- Paid in full (3/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 50
- Business age
- Change of Ownership
- Industry
- Construction Machinery Manufacturing
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $144K
- Est. cash at closing
- $198K
- Monthly payment
- $8,376
- Annual debt service
- $101K
- Cash flow needed (1.25×)
- $126K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- STEPP MANUFACTURING INC in North Branch, MN — $100K (2021) · purchase · Byline Bank
- Program
- Standard Asset Base Working Capital Line
- Subprogram
- Standard Asset Based
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $90K (90%)
- Approved
- 2/5/2021
- Loan status
- Cancelled
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 50
- Business age
- Change of Ownership
- Industry
- Construction Machinery Manufacturing
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,110
- Annual debt service
- $13K
- Cash flow needed (1.25×)
- $17K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- STEPP MANUFACTURING INC in North Branch, MN — $100K (2021) · purchase · Byline Bank
- Program
- Standard Asset Base Working Capital Line
- Subprogram
- Standard Asset Based
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $90K (90%)
- Approval → funding
- 19 days
- Approved
- 2/5/2021
- First disbursed
- 2/24/2021
- Loan status
- Paid in full (11/30/2022)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 50
- Business age
- Change of Ownership
- Industry
- Construction Machinery Manufacturing
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,110
- Annual debt service
- $13K
- Cash flow needed (1.25×)
- $17K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
Financing a construction machinery manufacturing deal in Minnesota? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to construction machinery manufacturing businesses with a Minnesota project address.
Agent summary
How to finance a construction machinery manufacturing acquisition in Minnesota with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Minnesota deals. DealRoom is not a lender.
- $1.3M typical loan
- 1 lenders active in Minnesota
- 4+ funded Minnesota deals
- 19 days typical to fund
Buyers buying a construction machinery manufacturing in Minnesota typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: