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SBA lending record

David Wayne Inc.

2441 S 25 W, Franklin, IN 46131 · Industrial Machinery and Equipment Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$3.9M

Total SBA financing

1

Loan on record

FY2023

On record

32

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$3,900,000 — FY2023

Gross approval: $3,900,000
SBA guaranteed: $2,925,000 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 10% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/8/2022
First disbursement: 12/16/2022
Days to fund: 8 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 32
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Industrial Machinery and Equipment Merchant Wholesalers
NAICS code: 423830
Lender: Newtek Small Business Finance, Inc.
Address: 2441 S 25 W
City: Franklin, 46131
County: Johnson
SBA district office: INDIANA DISTRICT OFFICE
Congressional district: 6

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding industrial machinery and equipment merchant wholesalers — by location, industry.

SBA lenders in Indiana Lenders for industrial machinery and equipment merchant wholesalers Industrial Machinery and Equipment Merchant Wholesalers lenders in Indiana

Similar businesses

Comparable industrial machinery and equipment merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

INDIANA PUMP WORKS, LLC

Fountaintown, IN· ~20 mi

Industrial Machinery and Equipment Merchant Wholesalers

$900K
SBA financing: ≈ $1.8M–$2.9M
Est. revenue (rough)

Tork Products Inc

Fort Wayne, IN· ~127 mi

Industrial Machinery and Equipment Merchant Wholesalers

$4.3M
SBA financing: ≈ $8.5M–$14M
Est. revenue (rough)

MODERN MACHINERY COMPANY, INC.

Indianapolis, IN· ~21 mi

Industrial Machinery and Equipment Merchant Wholesalers

$874K
SBA financing: ≈ $1.7M–$2.9M
Est. revenue (rough)

MAGNA TECHNOLOGIES, INC.

Saint Charles, MO· ~248 mi

Industrial Machinery and Equipment Merchant Wholesalers

$4.1M
SBA financing: ≈ $7.9M–$13M
Est. revenue (rough)

Midwest ECS LLC

Westfield, IN· ~41 mi

Industrial Machinery and Equipment Merchant Wholesalers

$998K
SBA financing: ≈ $2.0M–$3.3M
Est. revenue (rough)

Ohio Graphco LLC

Solon, OH· ~278 mi

Industrial Machinery and Equipment Merchant Wholesalers

$5.0M
SBA financing: ≈ $9.8M–$16M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for David Wayne Inc. in Franklin, IN (Industrial Machinery and Equipment Merchant Wholesalers). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $3.9M
On record FY2023
32 jobs supported
Industry: Industrial Machinery and Equipment Merchant Wholesalers
Location: Franklin, IN
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Industrial Machinery and Equipment Merchant Wholesalers businesses in IN for ~$3.9M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/david-wayne-inc-in
API:: https://www.capbench.com/api/public/businesses/david-wayne-inc-in
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with David Wayne Inc..

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