Industry · SBA lending record
SBA loans for all other miscellaneous general purpose machinery manufacturing
4,501 SBA 7(a) loans since 2010. What they were for, how big, how long, and how often they went wrong.
How this industry compares
defaulted within 7 yearsDefault rate is not a judgement on the industry. It tells you how a lender will price your risk, and how much cushion you should build in.
When borrowers got into trouble
share of failures by yearTrouble rarely arrives in year one. It arrives when the opening cash is gone — which is an argument for borrowing more working capital, not less.
What this means for your application
A typical loan here runs $250k over 10 years. If you are asking for far more than that, expect harder questions and a longer file. If far less, check which lenders will even take it — many won't go below $150,000.
Find lenders by smallest loan → Check the numbers work →
SBA 504 lending in All Other Miscellaneous General Purpose Machinery Manufacturing
504 FOIA recordWhere a 7(a) loan covers working capital and general use, the 504 program funds the owner-occupied property and heavy equipment side — a bank first mortgage plus a fixed-rate second through a Certified Development Company. Here is the 504 record for all other miscellaneous general purpose machinery manufacturing.
CDCs funding all other miscellaneous general purpose machinery manufacturing most
- Michigan Certified Development Corporation — 51 loans
- WBD, Inc. — 50 loans
- Small Business Growth Corporation — 49 loans
- Great Lakes Commercial Finance — 39 loans
- Midwest Business Finance Corporation — 33 loans
- Mortgage Capital Development Corporation — 30 loans
Most 504 loans for all other miscellaneous general purpose machinery manufacturing are in California, Michigan, Illinois, Minnesota.