Industry · lender intelligence
Financing a ship building and repairing acquisition
The SBA 7(a) lenders funding the most ship building and repairing acquisitions, ranked from public loan records — typical deal about $1.1M. A lender doing your industry every week underwrites faster and prices sharper.
Most active in ship building and repairing
Ranked by funded ship building and repairing acquisitions. Tap a lender to open its full record, or hit Get in touch for an introduction.
- 1.13 loans · $18M · Roseburg, ORFull record →
- 2.284 loans · $254M · Cincinnati, OHFull record →
- 3.12 loans · $8M · Wheeling, WVFull record →
- 4.13 loans · $4M · Dunmore, PAFull record →
- 5.128 loans · $40M · Wilmington, DEFull record →
9+ funded ship building and repairing 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.
- Anchor Innovation, Inc. in Virginia Beach, VA — $3.8M (2024) · purchase · WesBanco Bank, Inc.
- Program
- 7a General
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.9M (75%)
- Approval → funding
- 70 days
- Approved
- 12/7/2023
- First disbursed
- 2/15/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 112
- Business age
- Change of Ownership
- Industry
- Ship Building and Repairing
If you were the buyer here
- Est. deal size
- $4.2M
- Est. down payment (10%)
- $422K
- Est. cash at closing
- $584K
- Monthly payment
- $50,745
- Annual debt service
- $609K
- Cash flow needed (1.25×)
- $761K
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 WesBanco Bank, Inc. · Lender record →
Your business? Claim this record · Request removal
- Koontz Machine Inc in Coos Bay, OR — $783K (2024) · purchase · Columbia Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $587K (75%)
- Approval → funding
- 244 days
- Approved
- 9/28/2024
- First disbursed
- 5/30/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 13
- Business age
- Change of Ownership
- Industry
- Ship Building and Repairing
If you were the buyer here
- Est. deal size
- $870K
- Est. down payment (10%)
- $87K
- Est. cash at closing
- $119K
- Monthly payment
- $10,347
- Annual debt service
- $124K
- Cash flow needed (1.25×)
- $155K
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 Columbia Bank · Lender record →
Your business? Claim this record · Request removal
- Anchor Innovation, Inc. in Virginia Beach, VA — $500K (2024) · purchase · WesBanco Bank, Inc.
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.25% variable
- Term
- 12 mo (1 yrs)
- SBA guaranteed
- $250K (50%)
- Approval → funding
- 116 days
- Approved
- 11/18/2023
- First disbursed
- 3/13/2024
- Loan status
- Paid in full (3/31/2025)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 112
- Business age
- Change of Ownership
- Industry
- Ship Building and Repairing
If you were the buyer here
- Est. deal size
- $556K
- Est. down payment (10%)
- $56K
- Est. cash at closing
- $74K
- Monthly payment
- $44,016
- Annual debt service
- $528K
- Cash flow needed (1.25×)
- $660K
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 WesBanco Bank, Inc. · Lender record →
Your business? Claim this record · Request removal
- Motive Power Marine, LLC in Tacoma, WA — $1.4M (2023) · purchase · Columbia Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.25% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.0M (75%)
- Approval → funding
- 17 days
- Approved
- 11/15/2022
- First disbursed
- 12/2/2022
- Loan status
- Paid in full (9/30/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 45
- Business age
- Change of Ownership
- Industry
- Ship Building and Repairing
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $155K
- Est. cash at closing
- $212K
- Monthly payment
- $17,072
- Annual debt service
- $205K
- Cash flow needed (1.25×)
- $256K
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 Columbia Bank · Lender record →
Your business? Claim this record · Request removal
- PJC Ventures, LLC in Harmony, PA — $520K (2023) · purchase · PNC Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 7.99% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $390K (75%)
- Approval → funding
- 7 days
- Approved
- 12/28/2022
- First disbursed
- 1/4/2023
- Loan status
- Paid in full (12/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Change of Ownership
- Industry
- Ship Building and Repairing
If you were the buyer here
- Est. deal size
- $578K
- Est. down payment (10%)
- $58K
- Est. cash at closing
- $77K
- Monthly payment
- $6,306
- Annual debt service
- $76K
- Cash flow needed (1.25×)
- $95K
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 PNC Bank, National Association · Lender record →
Your business? Claim this record · Request removal
- Motive Power Marine, LLC in Tacoma, WA — $500K (2023) · purchase · Columbia Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $250K (50%)
- Approval → funding
- 17 days
- Approved
- 11/15/2022
- First disbursed
- 12/2/2022
- Loan status
- Paid in full (1/31/2025)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 45
- Business age
- Change of Ownership
- Industry
- Ship Building and Repairing
If you were the buyer here
- Est. deal size
- $556K
- Est. down payment (10%)
- $56K
- Est. cash at closing
- $74K
- Monthly payment
- $6,133
- Annual debt service
- $74K
- Cash flow needed (1.25×)
- $92K
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 Columbia Bank · Lender record →
Your business? Claim this record · Request removal
- Wendell Bangs Inc in Oldsmar, FL — $400K (2023) · purchase · Fifth Third Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.85% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $200K (50%)
- Approval → funding
- 0 days
- Approved
- 3/20/2023
- First disbursed
- 3/20/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Ship Building and Repairing
If you were the buyer here
- Est. deal size
- $444K
- Est. down payment (10%)
- $44K
- Est. cash at closing
- $59K
- Monthly payment
- $5,476
- Annual debt service
- $66K
- Cash flow needed (1.25×)
- $82K
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 Fifth Third Bank · Lender record →
Your business? Claim this record · Request removal
- Wendell Bangs Inc in Oldsmar, FL — $100K (2023) · purchase · Fifth Third Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.83% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (50%)
- Approval → funding
- 0 days
- Approved
- 3/20/2023
- First disbursed
- 3/20/2023
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Ship Building and Repairing
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,368
- Annual debt service
- $16K
- Cash flow needed (1.25×)
- $21K
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 Fifth Third Bank · Lender record →
Your business? Claim this record · Request removal
- M&M Powersports LLC in Dalton, PA — $99K (2022) · purchase · Fidelity Deposit and Discount Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $84K (85%)
- Approval → funding
- 21 days
- Approved
- 5/24/2022
- First disbursed
- 6/14/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Ship Building and Repairing
If you were the buyer here
- Est. deal size
- $110K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,050
- Annual debt service
- $13K
- Cash flow needed (1.25×)
- $16K
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 Fidelity Deposit and Discount Bank · Lender record →
Your business? Claim this record · Request removal
Financing a ship building and repairing deal? Start with a lender that knows it
We'll point you to the SBA lenders already funding deals in your industry — 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 ship building and repairing businesses. Mega-bank call-center lenders excluded.
Agent summary
How to finance a ship building and repairing 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. Columbia Bank funds the most. DealRoom is not a lender.
- $1.1M typical loan
- 5 lenders fund the industry
- 21 days typical to fund
Buyers researching a ship building and repairing 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.