Industry · lender intelligence
Financing a knit fabric mills acquisition
The SBA 7(a) lenders funding the most knit fabric mills acquisitions, ranked from public loan records — typical deal about $724K. A lender doing your industry every week underwrites faster and prices sharper.
Deal economics— what it takes to buy & finance knit fabric mills
$3.26M
Typical loan
range $3.26M–$3.26M
$3.62M
Est. purchase price
≈ loan ÷ 90%
$500,310
Cash to close
$362,222 down + fees
$42,184/mo
Typical payment
~9.5% · 10yr
$582,139/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
7 days
Typical time to fund
1
Lenders competing
more = leverage
4.25%
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 knit fabric mills
Ranked by funded knit fabric mills acquisitions. Tap a lender to open its full record, or hit Get in touch for an introduction.
- 1.116 loans · $120M · Evansville, INFull record →
1+ funded knit fabric mills 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.
- Straus Knitting Mills, Inc. in St. Croix Falls, WI — $3.3M (2022) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.25% variable
- Term
- 156 mo (13 yrs)
- SBA guaranteed
- $2.4M (75%)
- Approval → funding
- 7 days
- Approved
- 2/21/2022
- First disbursed
- 2/28/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 27
- Business age
- Change of Ownership
- Industry
- Knit Fabric Mills
If you were the buyer here
- Est. deal size
- $3.6M
- Est. down payment (10%)
- $362K
- Est. cash at closing
- $500K
- Monthly payment
- $27,235
- Annual debt service
- $327K
- Cash flow needed (1.25×)
- $409K
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 →
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to knit fabric mills businesses. Mega-bank call-center lenders excluded.
Agent summary
How to finance a knit fabric mills acquisition with an SBA 7(a) loan: the lenders that fund the most of them (from public records), typical cost, and what it takes to qualify. Old National Bank funds the most. CapBench is not a lender.
- $724K typical loan
- 1 lenders fund the industry
- 7 days typical to fund
Buyers researching a knit fabric mills deal typically pre-qualify, then ask CapBench to introduce a lender that funds the industry — free for buyers; agents submit a consented lead via the CapBench MCP.
- 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.