Lender intelligence
Financing a machine shops acquisition in Michigan
The SBA 7(a) lenders funding the most machine shops acquisitions in Michigan, 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 machine shops in Michigan
$682K
Typical loan
range $400K–$1.62M
$757K
Est. purchase price
≈ loan ÷ 90%
$101,293
Cash to close
$75,733 down + fees
$8,820/mo
Typical payment
~9.5% · 10yr
$121,716/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
18 days
Typical time to fund
4
Lenders competing
more = leverage
8.21%
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 machine shops · Michigan
Ranked by funded machine shops acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.116 loans · $120M · Evansville, INFull record →
- 2.23 loans · $15M · Sparta, MIFull record →
- 3.104 loans · $100M · Portsmouth, VAFull record →
5+ funded Machine Shops in Michigan 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.
- Roussey Machining Solutions LLC in Bronson, MI — $3.8M (2026) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% fixed
- Term
- 168 mo (14 yrs)
- SBA guaranteed
- $2.9M (75%)
- Approval → funding
- 18 days
- Approved
- 1/30/2026
- First disbursed
- 2/17/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 22
- Business age
- Change of Ownership
- Industry
- Machine Shops
If you were the buyer here
- Est. deal size
- $4.3M
- Est. down payment (10%)
- $426K
- Est. cash at closing
- $588K
- Monthly payment
- $37,435
- Annual debt service
- $449K
- Cash flow needed (1.25×)
- $562K
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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- Roussey Machining Solutions LLC in Bronson, MI — $400K (2026) · purchase · Old National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $200K (50%)
- Approved
- 1/30/2026
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 22
- Business age
- Change of Ownership
- Industry
- Machine Shops
If you were the buyer here
- Est. deal size
- $444K
- Est. down payment (10%)
- $44K
- Est. cash at closing
- $59K
- Monthly payment
- $4,800
- Annual debt service
- $58K
- Cash flow needed (1.25×)
- $72K
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
- SMALL AUTOMATION SERVICES, LLC in Howell, MI — $200K (2025) · purchase · ChoiceOne Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $150K (75%)
- Approval → funding
- 6 days
- Approved
- 10/10/2024
- First disbursed
- 10/16/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Machine Shops
If you were the buyer here
- Est. deal size
- $222K
- Est. down payment (10%)
- $22K
- Est. cash at closing
- $30K
- Monthly payment
- $2,507
- Annual debt service
- $30K
- Cash flow needed (1.25×)
- $38K
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 ChoiceOne Bank · Lender record →
Your business? Claim this record · Request removal
- Goyam Corporation in Ottawa Lake, MI — $682K (2024) · purchase · TowneBank
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 122 months
- SBA guaranteed
- $511K (75%)
- Approval → funding
- 17 days
- Approved
- 8/19/2024
- First disbursed
- 9/5/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Machine Shops
If you were the buyer here
- Est. deal size
- $757K
- Est. down payment (10%)
- $76K
- Est. cash at closing
- $101K
- Monthly payment
- $9,304
- Annual debt service
- $112K
- Cash flow needed (1.25×)
- $140K
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 TowneBank · Lender record →
Your business? Claim this record · Request removal
- Engineered Carbide Solutions LLC in Grand Rapids, MI — $1.6M (2020) · purchase · Midland States Bank
- Program
- 7a General
- Rate at approval
- 5.8% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 72 days
- Approved
- 11/20/2019
- First disbursed
- 1/31/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 18
- Business age
- Change of Ownership
- Industry
- Machine Shops
If you were the buyer here
- Est. deal size
- $1.8M
- Est. down payment (10%)
- $180K
- Est. cash at closing
- $247K
- Monthly payment
- $17,818
- Annual debt service
- $214K
- Cash flow needed (1.25×)
- $267K
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 Midland States Bank · Lender record →
Your business? Claim this record · Request removal
Financing a machine shops deal in Michigan? Start with the right lender
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to machine shops businesses with a Michigan project address.
Agent summary
How to finance a machine shops acquisition in Michigan with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Michigan deals. Old National Bank funds the most here. CapBench is not a lender.
- $1.1M typical loan
- 4 lenders active in Michigan
- 5+ funded Michigan deals
- 18 days typical to fund
Buyers buying a machine shops in Michigan typically pre-qualify, then ask CapBench to introduce a lender active here — 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 2026-06-17.
- 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.