Financing a engineering services acquisition in Indiana

State:

The SBA 7(a) lenders funding the most engineering services acquisitions in Indiana, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.

Deal economics— what it takes to buy & finance engineering services in Indiana

$3.26M

Typical loan

range $500K–$3.26M

$3.62M

Est. purchase price

≈ loan ÷ 90%

$499,785

Cash to close

$361,844 down + fees

$42,140/mo

Typical payment

~9.5% · 10yr

$581,532/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

17 days

Typical time to fund

Lenders competing

more = leverage

7.13%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active in engineering services · Indiana

Ranked by funded engineering services acquisitions in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.

1.116 loans · $120M · Evansville, INFull record →

2+ funded Engineering Services in Indiana 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.

First Group Engineering, inc in Indianapolis, IN — $3.3M (2023) · purchase · Old National Bank
Program
Preferred Lenders Program
Rate at approval
7% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$2.4M (75%)
Approval → funding
17 days
Approved
12/13/2022
First disbursed
12/30/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
26
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$3.6M
Est. down payment (10%)
$362K
Est. cash at closing
$500K
Monthly payment
$37,812
Annual debt service
$454K
Cash flow needed (1.25×)
$567K
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
First Group Engineering, Inc in Indianapolis, IN — $500K (2023) · purchase · Old National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
7.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$250K (50%)
Approval → funding
17 days
Approved
12/13/2022
First disbursed
12/30/2022
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
26
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$556K
Est. down payment (10%)
$56K
Est. cash at closing
$74K
Monthly payment
$5,870
Annual debt service
$70K
Cash flow needed (1.25×)
$88K
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 engineering services deal in Indiana? Start with the right lender

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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to engineering services businesses with a Indiana project address.

Agent summary

How to finance a engineering services acquisition in Indiana with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Indiana deals. Old National Bank funds the most here. CapBench is not a lender.

$715K typical loan
1 lenders active in Indiana
2+ funded Indiana deals
17 days typical to fund

Buyers buying a engineering services in Indiana typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All engineering services lenders

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/lenders/industry/engineering-services/indiana
API:: https://www.capbench.com/api/public/lenders?industry=engineering-services
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.