Lender intelligence
Financing a engineering services acquisition in Indiana
The SBA 7(a) lenders funding the most engineering services acquisitions in Indiana, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in engineering services · Indiana
Ranked by funded engineering services acquisitions in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.116 loans · $120M · Evansville, INFull record →
2+ funded Engineering Services in Indiana 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.
- First Group Engineering, inc in Indianapolis, IN — $3.3M (2023) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.4M (75%)
- Approval → funding
- 17 days
- Approved
- 12/13/2022
- First disbursed
- 12/30/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 26
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $3.6M
- Est. down payment (10%)
- $362K
- Est. cash at closing
- $500K
- Monthly payment
- $37,812
- Annual debt service
- $454K
- Cash flow needed (1.25×)
- $567K
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 Old National Bank · Lender record →
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- First Group Engineering, Inc in Indianapolis, IN — $500K (2023) · purchase · Old National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 7.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $250K (50%)
- Approval → funding
- 17 days
- Approved
- 12/13/2022
- First disbursed
- 12/30/2022
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 26
- Business age
- Change of Ownership
- Industry
- Engineering Services
If you were the buyer here
- Est. deal size
- $556K
- Est. down payment (10%)
- $56K
- Est. cash at closing
- $74K
- Monthly payment
- $5,870
- Annual debt service
- $70K
- Cash flow needed (1.25×)
- $88K
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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to engineering services businesses with a Indiana project address.
Agent summary
How to finance a engineering services acquisition in Indiana with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Indiana deals. Old National Bank funds the most here. DealRoom is not a lender.
- $715K typical loan
- 1 lenders active in Indiana
- 2+ funded Indiana deals
- 17 days typical to fund
Buyers buying a engineering services in Indiana typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: