SBA lending record
NewEra Manufacturing Inc.
871 North 5300 West, Cedar City, UT 84721 · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.5M
Total SBA financing
3
Loans on record
FY2020–26
On record
214
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is NewEra Manufacturing Inc. your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 3 loans
$887,200 — FY2026
Loan 1 of 3- Gross approval
- $887,200
- SBA guaranteed
- $665,400 (75%)
- Status
- Committed
- Rate at approval
- 6.5% v
- Term
- 168 mo (14 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/3/2026
- Collateral
- Required
- Jobs supported
- 58
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Machine Shops
- NAICS code
- 332710
- Lender
- America First FCU
- Address
- 871 N 5300 W
- City
- Cedar City, 84721
- County
- Iron
- SBA district office
- UTAH DISTRICT OFFICE
- Congressional district
- 2
$1,098,000 — FY2023
Loan 2 of 3- Gross approval
- $1,098,000
- SBA guaranteed
- $823,500 (75%)
- Status
- Current
- Rate at approval
- 8.5% v
- Term
- 174 mo (15 yr)
- Program
- International Trade Loans
- Subprogram
- International Trade - Sec, 7(a
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/12/2023
- First disbursement
- 9/14/2023
- Days to fund
- 33 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 88
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Machine Shops
- NAICS code
- 332710
- Lender
- Fortis Bank
- Address
- 871 N 5300 W
- City
- Cedar City, 84721
- County
- Iron
- SBA district office
- UTAH DISTRICT OFFICE
- Congressional district
- 2
$515,000 — FY2020
Loan 3 of 3- Gross approval
- $515,000
- SBA guaranteed
- $386,250 (75%)
- Status
- Cancelled
- Rate at approval
- 2% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/17/2020
- Collateral
- Required
- Jobs supported
- 68
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Machine Shops
- NAICS code
- 332710
- Address
- 871 North 5300 West
- City
- Cedar City, 84721
- County
- Iron
- SBA district office
- UTAH DISTRICT OFFICE
- Congressional district
- 2
The lenders
T Bank, National Association
1 loan to this businessFull SBA lending record + branches on the lender page →America First FCU
1 loan to this businessFind SBA lenders for businesses like this
The banks most active funding machine shops — by location, industry.
Similar businesses
Comparable machine shops in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
WESTERN PRECISION INC
Cedar City, UT· ~0 mi
Machine Shops
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
Enoch Motor Sports LLP
Cedar City, UT· ~8 mi
Machine Shops
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
GILBERT'S PRECISION MACHINE
Las Vegas, NV· ~151 mi
Machine Shops
- $1.9M
- SBA financing
- ≈ $3.8M–$6.3M
- Est. revenue (rough)
Marx Digital Mfg, Inc
Las Vegas, NV· ~156 mi
Machine Shops
- $2.6M
- SBA financing
- ≈ $5.1M–$8.4M
- Est. revenue (rough)
Placer Waterworks, Inc.
Olivehurst, CA· ~465 mi
Machine Shops
- $2.5M
- SBA financing
- ≈ $4.9M–$8.2M
- Est. revenue (rough)
LMN Holdings, LLC
Denver, CO· ~470 mi
Machine Shops
- $2.3M
- SBA financing
- ≈ $4.5M–$7.4M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for NewEra Manufacturing Inc. in Cedar City, UT (Machine Shops). 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.
- 3 SBA 7(a) loans totaling $2.5M
- On record FY2020–26
- 214 jobs supported
- Industry: Machine Shops
- Location: Cedar City, UT
- Lenders: T Bank, National Association, Fortis Bank, America First FCU
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Machine Shops businesses in UT for ~$833k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- 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.
Is NewEra Manufacturing Inc. your business?
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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 NewEra Manufacturing Inc..