Lender intelligence
Financing a machine shops acquisition in Indiana
The SBA 7(a) lenders funding the most machine shops 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 machine shops · Indiana
Ranked by funded machine shops acquisitions in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.31 loans · $8M · South Bend, INFull record →
- 2.328 loans · $134M · Cleveland, OHFull record →
- 3.242 loans · $281M · Chicago, ILFull record →
4+ funded Machine Shops 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.
- Connecta, LLC in Indianapolis, IN — $5.0M (2020) · purchase · KeyBank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 6.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $3.8M (75%)
- Approved
- 4/23/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 22
- Business age
- Change of Ownership
- Industry
- Machine Shops
If you were the buyer here
- Est. deal size
- $5.6M
- Est. down payment (10%)
- $556K
- Est. cash at closing
- $769K
- Monthly payment
- $56,774
- Annual debt service
- $681K
- Cash flow needed (1.25×)
- $852K
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 KeyBank National Association · Lender record →
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- C.P.R. Machining, LLC in South Bend, IN — $3.4M (2020) · purchase · 1st Source Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 83 months
- SBA guaranteed
- $2.6M (75%)
- Approval → funding
- 47 days
- Approved
- 4/14/2020
- First disbursed
- 5/31/2020
- Loan status
- Paid in full (12/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 25
- Business age
- Change of Ownership
- Industry
- Machine Shops
If you were the buyer here
- Est. deal size
- $3.8M
- Est. down payment (10%)
- $378K
- Est. cash at closing
- $522K
- Monthly payment
- $48,169
- Annual debt service
- $578K
- Cash flow needed (1.25×)
- $723K
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 1st Source Bank · Lender record →
Your business? Claim this record · Request removal
- Precision Cams, Inc. in Indianapolis, IN — $3.0M (2020) · purchase · Byline Bank
- Program
- 7a General
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.3M (75%)
- Approval → funding
- 39 days
- Approved
- 4/22/2020
- First disbursed
- 5/31/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 18
- Business age
- Change of Ownership
- Industry
- Machine Shops
If you were the buyer here
- Est. deal size
- $3.3M
- Est. down payment (10%)
- $333K
- Est. cash at closing
- $460K
- Monthly payment
- $32,931
- Annual debt service
- $395K
- Cash flow needed (1.25×)
- $494K
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 →
Your business? Claim this record · Request removal
- Titancore Industries LLC in Howe, IN — $1.2M (2020) · purchase · 1st Source Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 118 months
- SBA guaranteed
- $899K (75%)
- Approval → funding
- 9 days
- Approved
- 9/21/2020
- First disbursed
- 9/30/2020
- Loan status
- Paid in full (12/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 40
- Business age
- Change of Ownership
- Industry
- Machine Shops
If you were the buyer here
- Est. deal size
- $1.3M
- Est. down payment (10%)
- $133K
- Est. cash at closing
- $183K
- Monthly payment
- $12,875
- Annual debt service
- $154K
- Cash flow needed (1.25×)
- $193K
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 1st Source 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 machine shops businesses with a Indiana project address.
Agent summary
How to finance a machine shops 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. 1st Source Bank funds the most here. DealRoom is not a lender.
- $1.1M typical loan
- 3 lenders active in Indiana
- 4+ funded Indiana deals
- 39 days typical to fund
Buyers buying a machine shops 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.
- 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.