Industry · lender intelligence

Financing a plate work manufacturing acquisition

State:

The SBA 7(a) lenders funding the most plate work manufacturing acquisitions, ranked from public loan records — typical deal about $878K. A lender doing your industry every week underwrites faster and prices sharper.

Deal economics— what it takes to buy & finance plate work manufacturing

$1.52M

Typical loan

range $200K–$2.29M

$1.69M

Est. purchase price

≈ loan ÷ 90%

$231,939

Cash to close

$168,889 down + fees

$19,668/mo

Typical payment

~9.5% · 10yr

$271,418/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

18 days

Typical time to fund

Lenders competing

more = leverage

6.9%

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 plate work manufacturing

Ranked by funded plate work manufacturing acquisitions. Tap a lender to open its full record, or hit Get in touch for an introduction.

1.31 loans · $24M · Malvern, PAFull record →
2.9 loans · $10M · Warren, PAFull record →
3.10 loans · $2M · Elk River, MNFull record →
4.116 loans · $120M · Evansville, INFull record →
5.2 loans · $1M · Naugatuck, CTFull record →
6.75 loans · $98M · Sioux Falls, SDFull record →
7.318 loans · $229M · Osage Beach, MOFull record →
8.12 loans · $8M · Wheeling, WVFull record →

9+ funded plate work manufacturing 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.

Black Lion Products, LLC in Youngstown, OH — $2.3M (2025) · purchase · WesBanco Bank, Inc.
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.7M (75%)
Approval → funding
122 days
Approved
8/22/2025
First disbursed
12/22/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
41
Business age
Change of Ownership
Industry
Plate Work Manufacturing
If you were the buyer here
Est. deal size
$2.5M
Est. down payment (10%)
$255K
Est. cash at closing
$351K
Monthly payment
$29,649
Annual debt service
$356K
Cash flow needed (1.25×)
$445K
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 WesBanco Bank, Inc. · Lender record →
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E&P Industrial Operations (DFab), LLC in Springfield, MO — $1.9M (2023) · purchase · First Bank of the Lake
Program
Preferred Lenders Program
Rate at approval
10.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.4M (75%)
Approval → funding
1 days
Approved
5/16/2023
First disbursed
5/17/2023
Loan status
Delinquent
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
37
Business age
Change of Ownership
Industry
Plate Work Manufacturing
If you were the buyer here
Est. deal size
$2.1M
Est. down payment (10%)
$214K
Est. cash at closing
$295K
Monthly payment
$25,760
Annual debt service
$309K
Cash flow needed (1.25×)
$386K
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 First Bank of the Lake · Lender record →
Your business? Claim this record · Request removal
Martin Welding and Fabrication LLC in Contoocook, NH — $1.5M (2023) · purchase · Customers Bank
Program
Preferred Lenders Program
Rate at approval
7.25% fixed
Term
198 months
SBA guaranteed
$1.1M (75%)
Approval → funding
18 days
Approved
12/14/2022
First disbursed
1/1/2023
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
Plate Work Manufacturing
If you were the buyer here
Est. deal size
$1.7M
Est. down payment (10%)
$169K
Est. cash at closing
$232K
Monthly payment
$13,183
Annual debt service
$158K
Cash flow needed (1.25×)
$198K
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 Customers Bank · Lender record →
Your business? Claim this record · Request removal
Martin Welding and Fabrication LLC in Contoocook, NH — $200K (2023) · purchase · Customers Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
9.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$100K (50%)
Approved
12/14/2022
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Plate Work Manufacturing
If you were the buyer here
Est. deal size
$222K
Est. down payment (10%)
$22K
Est. cash at closing
$30K
Monthly payment
$2,561
Annual debt service
$31K
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 Customers Bank · Lender record →
Your business? Claim this record · Request removal
Tab Index Inc in Raleigh, NC — $150K (2022) · purchase · The Bancorp Bank National Association
Program
Preferred Lenders Program
Rate at approval
5.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$128K (85%)
Approved
2/17/2022
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Change of Ownership
Industry
Plate Work Manufacturing
If you were the buyer here
Est. deal size
$167K
Est. down payment (10%)
$17K
Est. cash at closing
$21K
Monthly payment
$1,628
Annual debt service
$20K
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 The Bancorp Bank National Association · Lender record →
Your business? Claim this record · Request removal
Thrive Geneva Acquisition LLC in Muskegon, MI — $4.8M (2021) · purchase · Old National Bank
Program
Preferred Lenders Program
Rate at approval
4.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$3.7M (78%)
Approval → funding
8 days
Approved
3/23/2021
First disbursed
3/31/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
36
Business age
Change of Ownership
Industry
Plate Work Manufacturing
If you were the buyer here
Est. deal size
$5.3M
Est. down payment (10%)
$529K
Est. cash at closing
$732K
Monthly payment
$49,332
Annual debt service
$592K
Cash flow needed (1.25×)
$740K
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
Vernier Metal Fabricating, Inc. in Seymour, CT — $4.3M (2021) · purchase · Ion Bank
Program
Preferred Lenders Program
Rate at approval
4.13% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$3.7M (88%)
Approval → funding
62 days
Approved
5/14/2021
First disbursed
7/15/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
32
Business age
Change of Ownership
Industry
Plate Work Manufacturing
If you were the buyer here
Est. deal size
$4.7M
Est. down payment (10%)
$472K
Est. cash at closing
$653K
Monthly payment
$43,292
Annual debt service
$520K
Cash flow needed (1.25×)
$649K
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 Ion Bank · Lender record →
Your business? Claim this record · Request removal
Olson Iron & Stone Creations LLC in Elk River, MN — $149K (2021) · purchase · The Bank of Elk River
Program
Preferred Lenders Program
Rate at approval
4.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$134K (90%)
Approval → funding
1 days
Approved
3/15/2021
First disbursed
3/16/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
1
Business age
Change of Ownership
Industry
Plate Work Manufacturing
If you were the buyer here
Est. deal size
$166K
Est. down payment (10%)
$17K
Est. cash at closing
$21K
Monthly payment
$1,544
Annual debt service
$19K
Cash flow needed (1.25×)
$23K
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 The Bank of Elk River · Lender record →
Your business? Claim this record · Request removal
North Idaho Welding & Supply, LLC in Bonners Ferry, ID — $490K (2020) · purchase · Northwest Bank
Program
Preferred Lenders Program
Rate at approval
7.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$368K (75%)
Approval → funding
29 days
Approved
10/2/2019
First disbursed
10/31/2019
Loan status
Paid in full (6/30/2023)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
3
Business age
Change of Ownership
Industry
Plate Work Manufacturing
If you were the buyer here
Est. deal size
$544K
Est. down payment (10%)
$54K
Est. cash at closing
$73K
Monthly payment
$3,542
Annual debt service
$43K
Cash flow needed (1.25×)
$53K
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 Northwest 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 plate work manufacturing businesses. Mega-bank call-center lenders excluded.

Agent summary

How to finance a plate work manufacturing 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. Customers Bank funds the most. CapBench is not a lender.

$878K typical loan
8 lenders fund the industry
18 days typical to fund

Buyers researching a plate work manufacturing 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.

Next steps

Pre-qualify this deal Talk to a loan broker

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/plate-work-manufacturing
API:: https://www.capbench.com/api/public/lenders?industry=plate-work-manufacturing
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.