Industry · lender intelligence
Financing a iron foundries acquisition
The SBA 7(a) lenders funding the most iron foundries acquisitions, ranked from public loan records — typical deal about $1.4M. A lender doing your industry every week underwrites faster and prices sharper.
Most active in iron foundries
Ranked by funded iron foundries acquisitions. Tap a lender to open its full record, or hit Get in touch for an introduction.
- 1.1,296 loans · $1.4B · Wilmington, NCFull record →
- 2.9 loans · $13M · Atlanta, GAFull record →
3+ funded iron foundries 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.
- ENTERPRISE CASTING CORPORATION in Lewiston, ME — $1.6M (2021) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 18 days
- Approved
- 11/16/2020
- First disbursed
- 12/4/2020
- Loan status
- Paid in full (5/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 40
- Business age
- Change of Ownership
- Industry
- Iron Foundries
If you were the buyer here
- Est. deal size
- $1.8M
- Est. down payment (10%)
- $183K
- Est. cash at closing
- $252K
- Monthly payment
- $10,132
- Annual debt service
- $122K
- Cash flow needed (1.25×)
- $152K
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 Live Oak Banking Company · Lender record →
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- ENTERPRISE CASTING CORPORATION in Lewiston, ME — $250K (2021) · purchase · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $125K (50%)
- Approval → funding
- 18 days
- Approved
- 11/16/2020
- First disbursed
- 12/4/2020
- Loan status
- Paid in full (5/31/2024)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 40
- Business age
- Change of Ownership
- Industry
- Iron Foundries
If you were the buyer here
- Est. deal size
- $278K
- Est. down payment (10%)
- $28K
- Est. cash at closing
- $37K
- Monthly payment
- $2,776
- Annual debt service
- $33K
- Cash flow needed (1.25×)
- $42K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Industrial Investments LLC in Atlanta, GA — $429K (2020) · purchase · Ameris Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 200 months
- SBA guaranteed
- $322K (75%)
- Approval → funding
- 27 days
- Approved
- 9/3/2020
- First disbursed
- 9/30/2020
- Loan status
- Paid in full (6/30/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 77
- Business age
- Change of Ownership
- Industry
- Iron Foundries
If you were the buyer here
- Est. deal size
- $477K
- Est. down payment (10%)
- $48K
- Est. cash at closing
- $64K
- Monthly payment
- $3,224
- Annual debt service
- $39K
- Cash flow needed (1.25×)
- $48K
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 Ameris 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 iron foundries businesses. Mega-bank call-center lenders excluded.
Agent summary
How to finance a iron foundries acquisition with an SBA 7(a) loan: the lenders that fund the most of them (from public records), typical cost, and what it takes to qualify. Live Oak Banking Company funds the most. DealRoom is not a lender.
- $1.4M typical loan
- 2 lenders fund the industry
- 18 days typical to fund
Buyers researching a iron foundries deal typically pre-qualify, then ask DealRoom to introduce a lender that funds the industry — 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.