Lender intelligence
Financing a machine shops acquisition in South Dakota
The SBA 7(a) lenders funding the most machine shops acquisitions in South Dakota, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in machine shops · South Dakota
Ranked by funded machine shops acquisitions in South Dakota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.2,539 loans · $965M · Columbus, OHFull record →
2+ funded Machine Shops in South Dakota 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.
- Ray Manufacturing LLC in Watertown, SD — $716K (2024) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $537K (75%)
- Approved
- 11/18/2023
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Machine Shops
If you were the buyer here
- Est. deal size
- $796K
- Est. down payment (10%)
- $80K
- Est. cash at closing
- $109K
- Monthly payment
- $9,863
- Annual debt service
- $118K
- Cash flow needed (1.25×)
- $148K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- Ray Manufacturing LLC in Watertown, SD — $50K (2024) · purchase · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (50%)
- Approved
- 11/18/2023
- Loan status
- Cancelled
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Machine Shops
If you were the buyer here
- Est. deal size
- $56K
- Est. down payment (10%)
- $6K
- Est. cash at closing
- $7K
- Monthly payment
- $689
- Annual debt service
- $8K
- Cash flow needed (1.25×)
- $10K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Financing a machine shops deal in South Dakota? 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 machine shops businesses with a South Dakota project address.
Agent summary
How to finance a machine shops acquisition in South Dakota with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded South Dakota deals. The Huntington National Bank funds the most here. DealRoom is not a lender.
- $1.1M typical loan
- 1 lenders active in South Dakota
- 2+ funded South Dakota deals
Buyers buying a machine shops in South Dakota 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.