Lender intelligence
Financing a other industrial machinery manufacturing acquisition in Minnesota
The SBA 7(a) lenders funding the most other industrial machinery manufacturing acquisitions in Minnesota, 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 · Minnesota
Ranked by funded other industrial machinery manufacturing acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.116 loans · $120M · Evansville, INFull record →
2+ funded Other Industrial Machinery Manufacturing in Minnesota 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.
- JT Borgen Manufacturing Inc in Minneapolis, MN — $1.8M (2021) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.6M (90%)
- Approval → funding
- 7 days
- Approved
- 9/7/2021
- First disbursed
- 9/14/2021
- Loan status
- Paid in full (11/30/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Other Industrial Machinery Manufacturing
If you were the buyer here
- Est. deal size
- $2.0M
- Est. down payment (10%)
- $201K
- Est. cash at closing
- $276K
- Monthly payment
- $19,813
- Annual debt service
- $238K
- Cash flow needed (1.25×)
- $297K
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 Old National Bank · Lender record →
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- JT Borgen Manufacturing Inc in Minneapolis, MN — $250K (2021) · purchase · Old National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $188K (75%)
- Approval → funding
- 17 days
- Approved
- 9/7/2021
- First disbursed
- 9/24/2021
- Loan status
- Paid in full (9/30/2024)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Other Industrial Machinery Manufacturing
If you were the buyer here
- Est. deal size
- $278K
- Est. down payment (10%)
- $28K
- Est. cash at closing
- $37K
- Monthly payment
- $2,744
- Annual debt service
- $33K
- Cash flow needed (1.25×)
- $41K
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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
Financing a other industrial machinery manufacturing deal in Minnesota? Start with the right lender
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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 Minnesota project address.
Agent summary
How to finance a other industrial machinery manufacturing acquisition in Minnesota with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Minnesota deals. Old National Bank funds the most here. DealRoom is not a lender.
- $1.2M typical loan
- 1 lenders active in Minnesota
- 2+ funded Minnesota deals
- 17 days typical to fund
Buyers buying a other industrial machinery manufacturing in Minnesota 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.