Lender intelligence
Financing a iron and steel forging acquisition in Illinois
The SBA 7(a) lenders funding the most iron and steel forging acquisitions in Illinois, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in iron and steel forging · Illinois
Ranked by funded iron and steel forging acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public iron and steel forging loan history in Illinois to rank lenders yet. See iron and steel forging lenders nationwide →
1+ funded Iron and Steel Forging in Illinois 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.
- Tinsley Steel and Fabrication Inc in Edwardsville, IL — $2.4M (2020) · purchase · Bank of Springfield
- Program
- 7a General
- Rate at approval
- 6% fixed
- Term
- 126 months
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 38 days
- Approved
- 3/23/2020
- First disbursed
- 4/30/2020
- Loan status
- Paid in full (12/31/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 9
- Business age
- Change of Ownership
- Industry
- Iron and Steel Forging
If you were the buyer here
- Est. deal size
- $2.6M
- Est. down payment (10%)
- $263K
- Est. cash at closing
- $363K
- Monthly payment
- $25,387
- Annual debt service
- $305K
- Cash flow needed (1.25×)
- $381K
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 Bank of Springfield · Lender record →
Your business? Claim this record · Request removal
Financing a iron and steel forging deal in Illinois? Start with the right lender
We'll point you to the SBA lenders already funding your industry in your state — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to iron and steel forging businesses with a Illinois project address.
Agent summary
How to finance a iron and steel forging acquisition in Illinois with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Illinois deals. DealRoom is not a lender.
- $1.1M typical loan
- 1 lenders active in Illinois
- 1+ funded Illinois deals
- 38 days typical to fund
Buyers buying a iron and steel forging in Illinois 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:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.