Lender intelligence

Financing a iron foundries acquisition in Maine

State:

The SBA 7(a) lenders funding the most iron foundries acquisitions in Maine, 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 iron foundries in Maine

$1.65M

Typical loan

range $250K–$1.65M

$1.83M

Est. purchase price

≈ loan ÷ 90%

$251,989

Cash to close

$183,333 down + fees

$21,351/mo

Typical payment

~9.5% · 10yr

$294,644/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

18 days

Typical time to fund

Lenders competing

more = leverage

5.75%

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 iron foundries · Maine

Ranked by funded iron foundries acquisitions in Maine. Tap a lender for its full record, or hit Get in touch for an introduction.

1.1,296 loans · $1.4B · Wilmington, NCFull record →

2+ funded Iron Foundries in Maine 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.

ENTERPRISE CASTING CORPORATION in Lewiston, ME — $1.6M (2021) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
5.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.2M (75%)
Approval → funding
18 days
Approved
11/16/2020
First disbursed
12/4/2020
Loan status
Paid in full (5/31/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
40
Business age
Change of Ownership
Industry
Iron Foundries
If you were the buyer here
Est. deal size
$1.8M
Est. down payment (10%)
$183K
Est. cash at closing
$252K
Monthly payment
$10,132
Annual debt service
$122K
Cash flow needed (1.25×)
$152K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
ENTERPRISE CASTING CORPORATION in Lewiston, ME — $250K (2021) · purchase · Live Oak Banking Company
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
6% variable
Term
120 mo (10 yrs)
SBA guaranteed
$125K (50%)
Approval → funding
18 days
Approved
11/16/2020
First disbursed
12/4/2020
Loan status
Paid in full (5/31/2024)
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
40
Business age
Change of Ownership
Industry
Iron Foundries
If you were the buyer here
Est. deal size
$278K
Est. down payment (10%)
$28K
Est. cash at closing
$37K
Monthly payment
$2,776
Annual debt service
$33K
Cash flow needed (1.25×)
$42K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal

Financing a iron foundries deal in Maine? Start with the right lender

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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to iron foundries businesses with a Maine project address.

Agent summary

How to finance a iron foundries acquisition in Maine with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Maine deals. Live Oak Banking Company funds the most here. CapBench is not a lender.

$1.4M typical loan
1 lenders active in Maine
2+ funded Maine deals
18 days typical to fund

Buyers buying a iron foundries in Maine 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 iron foundries lenders

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.
Canonical:: https://www.capbench.com/lenders/industry/iron-foundries/maine
API:: https://www.capbench.com/api/public/lenders?industry=iron-foundries&state=ME
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.