Lender intelligence
Financing a industrial machinery and equipment merchant wholesalers acquisition in Iowa
The SBA 7(a) lenders funding the most industrial machinery and equipment merchant wholesalers acquisitions in Iowa, 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 · Iowa
Ranked by funded industrial machinery and equipment merchant wholesalers acquisitions in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.242 loans · $281M · Chicago, ILFull record →
1+ funded Industrial Machinery and Equipment Merchant Wholesalers in Iowa 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.
- PurIn Corp in West Des Moines, IA — $2.0M (2022) · purchase · Byline Bank
- Program
- International Trade Loans
- Subprogram
- International Trade - Sec, 7(a
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.8M (90%)
- Approval → funding
- 15 days
- Approved
- 12/16/2021
- First disbursed
- 12/31/2021
- Loan status
- Paid in full (9/30/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $2.3M
- Est. down payment (10%)
- $228K
- Est. cash at closing
- $314K
- Monthly payment
- $22,503
- Annual debt service
- $270K
- Cash flow needed (1.25×)
- $338K
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 →
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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 Iowa project address.
Agent summary
How to finance a industrial machinery and equipment merchant wholesalers acquisition in Iowa with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Iowa deals. Byline Bank funds the most here. DealRoom is not a lender.
- $1.0M typical loan
- 1 lenders active in Iowa
- 1+ funded Iowa deals
- 15 days typical to fund
Buyers buying a industrial machinery and equipment merchant wholesalers in Iowa 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.