Lender intelligence

Financing a machine shops acquisition in Minnesota

State:

The SBA 7(a) lenders funding the most machine shops acquisitions in Minnesota, 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 Minnesota

$1.15M

Typical loan

range $350K–$2.09M

$1.28M

Est. purchase price

≈ loan ÷ 90%

$174,957

Cash to close

$127,589 down + fees

$14,859/mo

Typical payment

~9.5% · 10yr

$205,054/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

9 days

Typical time to fund

Lenders competing

more = leverage

6.59%

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 · Minnesota

Ranked by funded machine shops acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.

1.46 loans · $27M · Sartell, MNFull record →
2.17 loans · $3M · Saint Paul, MNFull record →
3.15 loans · $10M · Grand Forks, NDFull record →
4.2 loans · $0M · Edgewood, IAFull record →
5.3 loans · $1M · Saint Francis, MNFull record →
6.116 loans · $120M · Evansville, INFull record →
7.11 loans · $8M · Redwood Falls, MNFull record →

16+ funded Machine Shops in Minnesota 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.

OpEx OpCo Inc. in Minneapolis, MN — $4.0M (2025) · purchase · Highland Bank
Program
Preferred Lenders Program
Rate at approval
8.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$3.0M (75%)
Approved
3/12/2025
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
17
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$4.4M
Est. down payment (10%)
$440K
Est. cash at closing
$608K
Monthly payment
$31,223
Annual debt service
$375K
Cash flow needed (1.25×)
$468K
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 Highland Bank · Lender record →
Your business? Claim this record · Request removal
Tube Bending Specialists, Inc. in Coon Rapids, MN — $1.2M (2025) · purchase · Alerus Financial, National Association
Program
Preferred Lenders Program
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$918K (75%)
Approval → funding
13 days
Approved
2/6/2025
First disbursed
2/19/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
13
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$1.4M
Est. down payment (10%)
$136K
Est. cash at closing
$187K
Monthly payment
$16,177
Annual debt service
$194K
Cash flow needed (1.25×)
$243K
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 Alerus Financial, National Association · Lender record →
Your business? Claim this record · Request removal
Purin Corp MN Inc. in Shoreview, MN — $1.1M (2025) · purchase · Community Savings Bank
Program
7a General
Rate at approval
8.25% variable
Term
204 mo (17 yrs)
SBA guaranteed
$861K (75%)
Approval → funding
9 days
Approved
8/20/2025
First disbursed
8/29/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$1.3M
Est. down payment (10%)
$128K
Est. cash at closing
$175K
Monthly payment
$10,486
Annual debt service
$126K
Cash flow needed (1.25×)
$157K
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 Community Savings Bank · Lender record →
Your business? Claim this record · Request removal
Minnesota Machining Incorporated in Wyoming, MN — $1.6M (2024) · purchase · Village Bank
Program
Preferred Lenders Program
Rate at approval
8.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$1.2M (75%)
Approval → funding
7 days
Approved
5/8/2024
First disbursed
5/15/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
8
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$1.8M
Est. down payment (10%)
$178K
Est. cash at closing
$245K
Monthly payment
$19,861
Annual debt service
$238K
Cash flow needed (1.25×)
$298K
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 Village Bank · Lender record →
Your business? Claim this record · Request removal
Just Right Manufacturing Inc. in Minneapolis, MN — $350K (2023) · purchase · BankVista
Program
Preferred Lenders Program
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$263K (75%)
Approval → funding
5 days
Approved
2/1/2023
First disbursed
2/6/2023
Loan status
Paid in full (7/31/2023)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
16
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$389K
Est. down payment (10%)
$39K
Est. cash at closing
$52K
Monthly payment
$4,625
Annual debt service
$56K
Cash flow needed (1.25×)
$69K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
Just Right Manufacturing Inc. in Minneapolis, MN — $150K (2023) · purchase · BankVista
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$75K (50%)
Approval → funding
5 days
Approved
2/1/2023
First disbursed
2/6/2023
Loan status
Paid in full (7/31/2023)
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
16
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$167K
Est. down payment (10%)
$17K
Est. cash at closing
$21K
Monthly payment
$1,982
Annual debt service
$24K
Cash flow needed (1.25×)
$30K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
Prairie Valley Enterprises, Inc. in Lakeville, MN — $3.7M (2022) · purchase · Highland Bank
Program
7a General
Rate at approval
4.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.7M (75%)
Approval → funding
13 days
Approved
12/14/2021
First disbursed
12/27/2021
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
$4.1M
Est. down payment (10%)
$406K
Est. cash at closing
$561K
Monthly payment
$37,854
Annual debt service
$454K
Cash flow needed (1.25×)
$568K
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 Highland Bank · Lender record →
Your business? Claim this record · Request removal
Enterprise CNC Machining LLC in Mankato, MN — $965K (2022) · purchase · Old National Bank
Program
Preferred Lenders Program
Rate at approval
4.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$724K (75%)
Approval → funding
0 days
Approved
2/3/2022
First disbursed
2/3/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$1.1M
Est. down payment (10%)
$107K
Est. cash at closing
$147K
Monthly payment
$10,118
Annual debt service
$121K
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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
TEMPO GROUP LLC in Little Canada, MN — $534K (2022) · purchase · BankVista
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$401K (75%)
Approval → funding
3 days
Approved
10/25/2021
First disbursed
10/28/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
5
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$593K
Est. down payment (10%)
$59K
Est. cash at closing
$79K
Monthly payment
$5,729
Annual debt service
$69K
Cash flow needed (1.25×)
$86K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
NAUMAN MACHINE AND DESIGN in Zimmerman, MN — $470K (2022) · purchase · BankVista
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$353K (75%)
Approval → funding
4 days
Approved
11/12/2021
First disbursed
11/16/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
5
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$522K
Est. down payment (10%)
$52K
Est. cash at closing
$70K
Monthly payment
$5,043
Annual debt service
$61K
Cash flow needed (1.25×)
$76K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
SAYLER HOLDINGS INCORPORATED in Blaine, MN — $2.1M (2021) · purchase · BankVista
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.9M (90%)
Approval → funding
5 days
Approved
8/11/2021
First disbursed
8/16/2021
Loan status
Paid in full (3/31/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
15
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$2.3M
Est. down payment (10%)
$233K
Est. cash at closing
$320K
Monthly payment
$22,465
Annual debt service
$270K
Cash flow needed (1.25×)
$337K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
Falls Acquisition Company Inc. in Little Falls, MN — $1.9M (2021) · purchase · Minnwest Bank
Program
7a General
Rate at approval
2.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.4M (75%)
Approval → funding
0 days
Approved
12/4/2020
First disbursed
12/4/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
50
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$2.1M
Est. down payment (10%)
$211K
Est. cash at closing
$291K
Monthly payment
$17,696
Annual debt service
$212K
Cash flow needed (1.25×)
$265K
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 Minnwest Bank · Lender record →
Your business? Claim this record · Request removal
Central Machine Limited Liability Company in Waite Park, MN — $158K (2021) · purchase · Deerwood Bank
Program
7a General
Rate at approval
5.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$119K (75%)
Approval → funding
30 days
Approved
12/28/2020
First disbursed
1/27/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$176K
Est. down payment (10%)
$18K
Est. cash at closing
$24K
Monthly payment
$1,717
Annual debt service
$21K
Cash flow needed (1.25×)
$26K
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 Deerwood Bank · Lender record →
Your business? Claim this record · Request removal
QM Acquisitions, LLC in Minneapolis, MN — $3.7M (2020) · purchase · Old National Bank
Program
7a General
Rate at approval
5.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$2.5M (68%)
Approval → funding
13 days
Approved
6/17/2020
First disbursed
6/30/2020
Loan status
Payments deferred
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
30
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$4.1M
Est. down payment (10%)
$412K
Est. cash at closing
$569K
Monthly payment
$40,238
Annual debt service
$483K
Cash flow needed (1.25×)
$604K
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
SPSM Industries Inc in Burnsville, MN — $337K (2020) · purchase · New Market Bank
Program
7a General
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$253K (75%)
Approval → funding
46 days
Approved
11/15/2019
First disbursed
12/31/2019
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
12
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$375K
Est. down payment (10%)
$37K
Est. cash at closing
$50K
Monthly payment
$3,619
Annual debt service
$43K
Cash flow needed (1.25×)
$54K
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 New Market Bank
Your business? Claim this record · Request removal
Granite Ledge Mfg L.L.C in Foley, MN — $135K (2020) · purchase · Minnwest Bank
Program
Preferred Lenders Program
Rate at approval
7% variable
Term
120 mo (10 yrs)
SBA guaranteed
$115K (85%)
Approval → funding
11 days
Approved
11/19/2019
First disbursed
11/30/2019
Loan status
Paid in full (7/31/2023)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
1
Business age
Change of Ownership
Industry
Machine Shops
If you were the buyer here
Est. deal size
$150K
Est. down payment (10%)
$15K
Est. cash at closing
$19K
Monthly payment
$1,567
Annual debt service
$19K
Cash flow needed (1.25×)
$24K
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 Minnwest Bank · Lender record →
Your business? Claim this record · Request removal

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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to machine shops businesses with a Minnesota project address.

Agent summary

How to finance a machine shops acquisition in Minnesota with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Minnesota deals. BankVista funds the most here. CapBench is not a lender.

$1.1M typical loan
9 lenders active in Minnesota
16+ funded Minnesota deals
9 days typical to fund

Buyers buying a machine shops in Minnesota 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 machine shops 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/machine-shops/minnesota
API:: https://www.capbench.com/api/public/lenders?industry=machine-shops
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.