Lender intelligence
Financing a industrial machinery and equipment merchant wholesalers acquisition in Indiana
The SBA 7(a) lenders funding the most industrial machinery and equipment merchant wholesalers 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 industrial machinery and equipment merchant wholesalers · Indiana
Ranked by funded industrial machinery and equipment merchant wholesalers acquisitions in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.6 loans · $4M · Defiance, OHFull record →
- 2.2,539 loans · $965M · Columbus, OHFull record →
3+ funded Industrial Machinery and Equipment Merchant Wholesalers 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.
- Tork Products, INC. in Fort Wayne, IN — $2.9M (2023) · purchase · The State Bank and Trust Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.1M (75%)
- Approval → funding
- 2 days
- Approved
- 3/29/2023
- First disbursed
- 3/31/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $3.2M
- Est. down payment (10%)
- $317K
- Est. cash at closing
- $437K
- Monthly payment
- $37,270
- Annual debt service
- $447K
- Cash flow needed (1.25×)
- $559K
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 The State Bank and Trust Company · Lender record →
Your business? Claim this record · Request removal
- Tork Products Inc in Fort Wayne, IN — $400K (2023) · purchase · The State Bank and Trust Company
- Program
- Standard Asset Base Working Capital Line
- Subprogram
- Standard Asset Based
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $300K (75%)
- Approval → funding
- 2 days
- Approved
- 3/29/2023
- First disbursed
- 3/31/2023
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 13
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $444K
- Est. down payment (10%)
- $44K
- Est. cash at closing
- $59K
- Monthly payment
- $5,231
- Annual debt service
- $63K
- Cash flow needed (1.25×)
- $78K
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 The State Bank and Trust Company · Lender record →
Your business? Claim this record · Request removal
- MODERN MACHINERY COMPANY, INC. in Indianapolis, IN — $874K (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $656K (75%)
- Approval → funding
- 13 days
- Approved
- 12/2/2020
- First disbursed
- 12/15/2020
- Loan status
- Paid in full (5/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 23
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $971K
- Est. down payment (10%)
- $97K
- Est. cash at closing
- $133K
- Monthly payment
- $9,270
- Annual debt service
- $111K
- Cash flow needed (1.25×)
- $139K
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 The Huntington 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 industrial machinery and equipment merchant wholesalers businesses with a Indiana project address.
Agent summary
How to finance a industrial machinery and equipment merchant wholesalers 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. The State Bank and Trust Company funds the most here. DealRoom is not a lender.
- $1.0M typical loan
- 2 lenders active in Indiana
- 3+ funded Indiana deals
- 2 days typical to fund
Buyers buying a industrial machinery and equipment merchant wholesalers 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.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.