NAICS 33271033

SBA Loans for Machine Shops

Machine Shops are one of the most-funded SBA 7(a) industries. Explore which lenders are actually approving machine shops loans, what loan sizes they fund, and where activity is concentrated.

Find lenders funding machine shops

Total loans

7,076

all programs

Approved $

$3.4B

last 5 years

Avg loan

$482K

median $145K

Most active lender

The Huntington National Bank

367 loans

Jobs supported

312K

cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS

15.1%

13.3%

24%

19.4%

14.3%

9.4%

4.5%

<$50K

$50–100K

$100–250K

$250–500K

$500K–1M

$1–2M

$2M+

Most common range

$100K – $250K

34% of loans

Median

$145,000

90th percentile

$612,000

MACHINE SHOPS-FRIENDLY LENDERS

The 5 lenders that approved 41% of machine shops SBA loans last year.

Submit your machine shops profile and we'll prioritize lenders that have already funded similar concept, size, and geography.

Get matched

~ 2 MIN · NO COMMITMENT

Top lenders for machine shops

The Huntington National Bank

367

U.S. Bank, National Association

318

Wells Fargo Bank National Association

287

Citizens Bank, National Association

271

JPMorgan Chase Bank, National Association

239

PNC Bank, National Association

176

Top states for machine shops loans

1,004

535

494

453

388

372

Loan records · Machine Shops

Showing largest 500 of 7,076 records

Sort:

Borrower

Location

Program

Industry

M & L Precision Machining, Inc.Mortgage Capital Development Corporation

Morgan Hill, CA

95037

$5,500,000

$110K

504

Machine Shops

2025-11-13

Neumeier Engineering, Inc.Ameritrust CDC

Federal Way, WA

98003

$5,500,000

$110K

504

Machine Shops

2019-02-14

SCHERER, INC.Dakota Business Finance

Sioux Falls, SD

57107

$5,500,000

$917K

504

Machine Shops

2023-08-08

K-Tech Machine, Inc.Mortgage Capital Development Corporation

Vista, CA

92081

$5,499,000

$29K

504

Machine Shops

2024-06-13

PRECISION PLUS, INC.WBD, Inc.

Elkhorn, WI

53121

$5,234,000

$262K

504

Machine Shops

2024-05-20

Schuette, Inc.WBD, Inc.

Rothschild, WI

54474

$5,111,000

$98K

504

Machine Shops

2017-07-10

LENZ PRECISION TECHNOLOGY, INC.Mega Bank

Mountain View, CA

94041

$5,000,000

$357K

7(a)

Machine Shops

2023-08-21

Technical Ordnance Solutions, LLC Newtek Small Business Finance, Inc.

Naples, FL

34109

$5,000,000

$152K

7(a)

Machine Shops

2018-03-23

QTM HOLDINGS, LLC Byline Bank

Schaumburg, IL

60193

$5,000,000

$263K

7(a)

Machine Shops

2022-07-13

Connecta, LLC KeyBank National Association

Indianapolis, IN

46208

$5,000,000

$227K

7(a)

Machine Shops

2020-04-23

Jewett Real Estate, LLC Truist Bank

Richmond, VA

23224

$5,000,000

–

7(a)

Machine Shops

2019-01-29

Butler Tool, Inc.Town Bank, National Association

Butler, WI

53007

$5,000,000

$104K

7(a)

Machine Shops

2023-11-21

ALEXANDER'S MACHINE SHOP, INC.Evolve Bank and Trust

Jonesboro, AR

72401

$5,000,000

$132K

7(a)

Machine Shops

2024-09-15

JAYCO MANUFACTURING, LLC PlainsCapital Bank

Fort Worth, TX

76111

$5,000,000

$71K

7(a)

Machine Shops

2014-09-26

QUALITY MACHINE OF IOWA, INC.Newtek Small Business Finance, Inc.

Audubon, IA

50025

$5,000,000

–

7(a)

Machine Shops

2017-12-07

JMC Tool & Machine Live Oak Banking Company

Sanford, NC

27330

$5,000,000

$1.7M

7(a)

Machine Shops

2019-09-09

Dynamic Metal Fabrication, Inc.KeyBank National Association

Thornton, CO

80241

$5,000,000

$250K

7(a)

Machine Shops

2018-12-13

Woven Metal Products, Inc.Texas Advantage Community Bank, National Association

Alvin, TX

77511

$5,000,000

$86K

7(a)

Machine Shops

2021-09-30

C-FLEX BEARING COMPANY Live Oak Banking Company

Frankfort, NY

13340

$5,000,000

$238K

7(a)

Machine Shops

2024-08-15

Action Machine LLC 1st Source Bank

South Bend, IN

46613

$5,000,000

$294K

7(a)

Machine Shops

2025-02-19

HNH Properties LLC Enterprise Bank & Trust

Houston, TX

77064

$5,000,000

$143K

7(a)

Machine Shops

2020-05-20

AMLC, LLC KeyBank National Association

Longmont, CO

80501

$5,000,000

$833K

7(a)

Machine Shops

2019-07-11

TruFab, LLC Washington Trust Bank

Shelton, WA

98584

$5,000,000

$125K

7(a)

Machine Shops

2025-08-26

CUSTOM TOOLING & FABRICATION, LLC Byline Bank

Loveland, CO

80537

$4,950,000

$5.0M

7(a)

Machine Shops

2021-03-10

Stewart Manufacturing, LLC UMB Bank, National Association

Hermansville, MI

49847

$4,896,000

$98K

7(a)

Machine Shops

2016-10-04

M & L Precision Machining, Inc.

Morgan Hill, CA · 95037

$5,500,000

504

Mortgage Capital Development Corporation$110K/job · 2025-11-13

Neumeier Engineering, Inc.

Federal Way, WA · 98003

$5,500,000

504

Ameritrust CDC$110K/job · 2019-02-14

SCHERER, INC.

Sioux Falls, SD · 57107

$5,500,000

504

Dakota Business Finance$917K/job · 2023-08-08

Mortgage Capital Development Corporation$29K/job · 2024-06-13

WBD, Inc.$262K/job · 2024-05-20

Schuette, Inc.

Rothschild, WI · 54474

$5,111,000

504

WBD, Inc.$98K/job · 2017-07-10

LENZ PRECISION TECHNOLOGY, INC.

Mountain View, CA · 94041

$5,000,000

7(a)

Mega Bank$357K/job · 2023-08-21

Technical Ordnance Solutions, LLC

Naples, FL · 34109

$5,000,000

7(a)

Newtek Small Business Finance, Inc.$152K/job · 2018-03-23

QTM HOLDINGS, LLC

Schaumburg, IL · 60193

$5,000,000

7(a)

Byline Bank$263K/job · 2022-07-13

Connecta, LLC

Indianapolis, IN · 46208

$5,000,000

7(a)

KeyBank National Association$227K/job · 2020-04-23

Jewett Real Estate, LLC

Richmond, VA · 23224

$5,000,000

7(a)

Truist Bank2019-01-29

Town Bank, National Association$104K/job · 2023-11-21

ALEXANDER'S MACHINE SHOP, INC.

Jonesboro, AR · 72401

$5,000,000

7(a)

Evolve Bank and Trust$132K/job · 2024-09-15

JAYCO MANUFACTURING, LLC

Fort Worth, TX · 76111

$5,000,000

7(a)

PlainsCapital Bank$71K/job · 2014-09-26

QUALITY MACHINE OF IOWA, INC.

Audubon, IA · 50025

$5,000,000

7(a)

Newtek Small Business Finance, Inc.2017-12-07

Live Oak Banking Company$1.7M/job · 2019-09-09

Dynamic Metal Fabrication, Inc.

Thornton, CO · 80241

$5,000,000

7(a)

KeyBank National Association$250K/job · 2018-12-13

Woven Metal Products, Inc.

Alvin, TX · 77511

$5,000,000

7(a)

Texas Advantage Community Bank, National Association$86K/job · 2021-09-30

C-FLEX BEARING COMPANY

Frankfort, NY · 13340

$5,000,000

7(a)

Live Oak Banking Company$238K/job · 2024-08-15

Action Machine LLC

South Bend, IN · 46613

$5,000,000

7(a)

1st Source Bank$294K/job · 2025-02-19

Enterprise Bank & Trust$143K/job · 2020-05-20

KeyBank National Association$833K/job · 2019-07-11

Washington Trust Bank$125K/job · 2025-08-26

CUSTOM TOOLING & FABRICATION, LLC

Loveland, CO · 80537

$4,950,000

7(a)

Byline Bank$5.0M/job · 2021-03-10

Stewart Manufacturing, LLC

Hermansville, MI · 49847

$4,896,000

7(a)

UMB Bank, National Association$98K/job · 2016-10-04

1–25 of 500 (largest 500 of 7,076)

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