SBA Acquisition Data

All Other Industrial Machinery Manufacturing: SBA business acquisition loan data

20 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as All Other Industrial Machinery Manufacturing (NAICS 333248), totaling $42.9M. Median loan $1,437,900, 123% higher than the all-acquisition median.

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acquisition loans
20
FY2018 to FY2026
total approved
$42.9M
gross loan amount
median loan
$1,437,900
middle half: $475K to $4.1M
avg initial rate
9.02%
at approval, mixed years
median term
10 years
120 months

Reading this industry's numbers

  • Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $4,054,175 would be in the top quarter of SBA acquisition loans in this industry.
  • Share of all acquisitions. This industry is less than 0.05% of all SBA-financed business purchases, ranking #293 of 300 industries tracked.
  • Geography. Illinois leads with 4 loans; the top five states account for 75% of the industry's acquisitions.
  • Jobs. Lenders reported 447 jobs supported across these loans, about 22.4 per acquisition, a rough proxy for the size of business changing hands.

All Other Industrial Machinery Manufacturing acquisitions by year

All Other Industrial Machinery Manufacturing SBA acquisition loans by fiscal year. SBA fiscal years run October 1 to September 30.
Fiscal yearLoansTotal approvedMedian loan
FY2018 0
$0 -
FY2019 0
$0 -
FY2020 0
$0 -
FY2021 0
$0 -
FY2022 0
$0 -
FY2023 0
$0 -
FY2024 6
$10.7M $1,506,400
FY2025 6
$16.7M $2,728,000
FY2026 8
$15.5M $1,136,900

How often do these acquisition loans fail?

Fewer than 20 All Other Industrial Machinery Manufacturing acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.

"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.

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Top states

State ranked by SBA acquisition loans
#StateLoansShareDollars
1Illinois4
20.0%$9.7M
2California3
15.0%$9.4M
3Indiana3
15.0%$5.5M
4Wisconsin3
15.0%$4.1M
5Michigan2
10.0%$2M
6Texas1
5.0%$5M
7Virginia1
5.0%$4.4M
8Rhode Island1
5.0%$2.1M
9Iowa1
5.0%$500K
10Minnesota1
5.0%$227K

Most active lenders

Lender ranked by SBA acquisition loans
#LenderLoansShareDollars
1Old National Bank3
15.0%$4.1M
2Live Oak Banking Company2
10.0%$7.1M
3Pathward National Association2
10.0%$4.5M
4Byline Bank2
10.0%$4.4M
5The Huntington National Bank2
10.0%$2M
6First Internet Bank of Indiana2
10.0%$1.5M
7T Bank, National Association1
5.0%$5M
8CIBC Bank USA1
5.0%$4.4M
9Bankwell Bank1
5.0%$4.4M
10Bank of America, National Association1
5.0%$4M
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Questions buyers ask

How much is a typical SBA loan to buy a business in All Other Industrial Machinery Manufacturing?

Median $1,437,900 across 20 acquisition loans (FY2018 to FY2026); the middle half ran $475,000 to $4,054,175. That is 123% higher than the $645,250 median for all SBA-financed acquisitions.

Which lenders finance the most All Other Industrial Machinery Manufacturing acquisitions?

Old National Bank (3), Live Oak Banking Company (2), Pathward National Association (2), Byline Bank (2), The Huntington National Bank (2).

Are businesses in All Other Industrial Machinery Manufacturing often franchised?

Rarely. Only 0% of acquisition loans in this industry involved a franchised business; most are independent operators.

How risky are SBA loans for buying a business in All Other Industrial Machinery Manufacturing?

Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.

What loan terms are common for All Other Industrial Machinery Manufacturing acquisitions?

Median term 10 years, average initial rate 9.02% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.

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