Lender intelligence
Financing a iron and steel forging acquisition in Ohio
The SBA 7(a) lenders funding the most iron and steel forging acquisitions in Ohio, 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 · Ohio
Ranked by funded iron and steel forging acquisitions in Ohio. 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 Ohio to rank lenders yet. See iron and steel forging lenders nationwide →
1+ funded Iron and Steel Forging in Ohio 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.
- DAI Grinding, LLC in Cleveland, OH — $1.3M (2022) · purchase · First Commonwealth Bank
- Program
- International Trade Loans
- Subprogram
- International Trade - Sec, 7(a
- Rate at approval
- 6.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.1M (90%)
- Approval → funding
- 5 days
- Approved
- 5/6/2022
- First disbursed
- 5/11/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 26
- Business age
- Change of Ownership
- Industry
- Iron and Steel Forging
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $141K
- Est. cash at closing
- $194K
- Monthly payment
- $14,290
- Annual debt service
- $171K
- Cash flow needed (1.25×)
- $214K
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 First Commonwealth Bank · Lender record →
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to iron and steel forging businesses with a Ohio project address.
Agent summary
How to finance a iron and steel forging acquisition in Ohio with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Ohio deals. DealRoom is not a lender.
- $1.1M typical loan
- 1 lenders active in Ohio
- 1+ funded Ohio deals
- 5 days typical to fund
Buyers buying a iron and steel forging in Ohio 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.