SBA lending record
Saber Tool Acquisition LLC
1553 N. Mitchell St., Cadillac, MI 49601 · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.1M
Total SBA financing
1
Loan on record
FY2020
On record
18
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Saber Tool Acquisition LLC your business?
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The loan
$1,150,000 — FY2020
- Gross approval
- $1,150,000
- SBA guaranteed
- $862,500 (75%)
- Status
- Paid in full
- Rate at approval
- 7.5% v
- Term
- 192 mo (16 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/7/2020
- First disbursement
- 3/31/2020
- Days to fund
- 53 days
- Paid in full
- 4/30/2023
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 18
- Business type
- Corporation
- Business age
- Unanswered
- Industry
- Machine Shops
- NAICS code
- 332710
- Lender
- Byline Bank
- Address
- 1553 N. Mitchell St.
- City
- Cadillac, 49601
- County
- Wexford
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 2
The lender
Find 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.
PTG, Inc.
Cadillac, MI· ~2 mi
Machine Shops
- $60K
- SBA financing
- ≈ $117K–$195K
- Est. revenue (rough)
Precision Manufacturing Group, inc.
Muskegon, MI· ~83 mi
Machine Shops
- $1.1M
- SBA financing
- ≈ $2.2M–$3.6M
- Est. revenue (rough)
Maya Jig Grinding & Gage Co.
Plymouth, MI· ~161 mi
Machine Shops
- $1.2M
- SBA financing
- ≈ $2.3M–$3.9M
- Est. revenue (rough)
Progress Machining Inc.
Norton Shores, MI· ~89 mi
Machine Shops
- $1.5M
- SBA financing
- ≈ $2.9M–$4.8M
- Est. revenue (rough)
Global Design & Development LLC
Chesterfield, MI· ~170 mi
Machine Shops
- $1.1M
- SBA financing
- ≈ $2.2M–$3.6M
- Est. revenue (rough)
WOLLER PRECISION MACHINE, LLC
Pound, WI· ~141 mi
Machine Shops
- $1.2M
- SBA financing
- ≈ $2.3M–$3.8M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Saber Tool Acquisition LLC in Cadillac, MI (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.
- 1 SBA 7(a) loan totaling $1.1M
- On record FY2020
- 18 jobs supported
- Industry: Machine Shops
- Location: Cadillac, MI
- Lender: Byline Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Machine Shops businesses in MI for ~$1.1M 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 2026-06-18.
- 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 Saber Tool Acquisition LLC 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 Saber Tool Acquisition LLC.