Lender intelligence
Financing a other industrial machinery manufacturing acquisition in Michigan
The SBA 7(a) lenders funding the most other industrial machinery manufacturing acquisitions in Michigan, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in other industrial machinery manufacturing · Michigan
Ranked by funded other industrial machinery manufacturing acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public other industrial machinery manufacturing loan history in Michigan to rank lenders yet. See other industrial machinery manufacturing lenders nationwide →
5+ funded Other Industrial Machinery Manufacturing in Michigan 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.
- Iacono Enterprises, LLC in Monroe, MI — $3.0M (2022) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 168 mo (14 yrs)
- SBA guaranteed
- $2.3M (75%)
- Approval → funding
- 113 days
- Approved
- 11/15/2021
- First disbursed
- 3/8/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 24
- Business age
- Change of Ownership
- Industry
- Other Industrial Machinery Manufacturing
If you were the buyer here
- Est. deal size
- $3.3M
- Est. down payment (10%)
- $333K
- Est. cash at closing
- $460K
- Monthly payment
- $25,645
- Annual debt service
- $308K
- Cash flow needed (1.25×)
- $385K
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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- Iacono Enterprises, LLC in Monroe, MI — $500K (2022) · purchase · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $250K (50%)
- Approval → funding
- 113 days
- Approved
- 11/15/2021
- First disbursed
- 3/8/2022
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 24
- Business age
- Change of Ownership
- Industry
- Other Industrial Machinery Manufacturing
If you were the buyer here
- Est. deal size
- $556K
- Est. down payment (10%)
- $56K
- Est. cash at closing
- $74K
- Monthly payment
- $5,426
- Annual debt service
- $65K
- Cash flow needed (1.25×)
- $81K
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
- AIM Holdings LLC in South Lyon, MI — $720K (2020) · purchase · ChoiceOne Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $540K (75%)
- Approval → funding
- 64 days
- Approved
- 7/20/2020
- First disbursed
- 9/22/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Other Industrial Machinery Manufacturing
If you were the buyer here
- Est. deal size
- $800K
- Est. down payment (10%)
- $80K
- Est. cash at closing
- $110K
- Monthly payment
- $10,261
- Annual debt service
- $123K
- Cash flow needed (1.25×)
- $154K
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 ChoiceOne Bank · Lender record →
Your business? Claim this record · Request removal
- AIM Holdings LLC in South Lyon, MI — $700K (2020) · purchase · ChoiceOne Bank
- Program
- Standard Asset Base Working Capital Line
- Subprogram
- Standard Asset Based
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $525K (75%)
- Approval → funding
- 65 days
- Approved
- 7/20/2020
- First disbursed
- 9/23/2020
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Other Industrial Machinery Manufacturing
If you were the buyer here
- Est. deal size
- $778K
- Est. down payment (10%)
- $78K
- Est. cash at closing
- $104K
- Monthly payment
- $7,510
- Annual debt service
- $90K
- Cash flow needed (1.25×)
- $113K
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 ChoiceOne Bank · Lender record →
Your business? Claim this record · Request removal
- RPM Global Tooling, LLC in Clinton Township, MI — $107K (2020) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $80K (75%)
- Approval → funding
- 38 days
- Approved
- 12/24/2019
- First disbursed
- 1/31/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Business age
- Change of Ownership
- Industry
- Other Industrial Machinery Manufacturing
If you were the buyer here
- Est. deal size
- $119K
- Est. down payment (10%)
- $12K
- Est. cash at closing
- $15K
- Monthly payment
- $1,268
- Annual debt service
- $15K
- Cash flow needed (1.25×)
- $19K
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
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to other industrial machinery manufacturing businesses with a Michigan project address.
Agent summary
How to finance a other industrial machinery manufacturing acquisition in Michigan with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Michigan deals. DealRoom is not a lender.
- $1.2M typical loan
- 3 lenders active in Michigan
- 5+ funded Michigan deals
- 65 days typical to fund
Buyers buying a other industrial machinery manufacturing in Michigan typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.