Best SBA Lenders for Machine Shops (2026)

Compare the best SBA lenders for Machine Shops in 2026. 161 loans totaling $125M approved. Avg rate 9.35%. Free broker matching.

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Best Machine Shops SBA Lenders of 2026

$125M
Total Funded
161
Loans Approved
$779K
Avg Loan Size
9.35%
Avg Interest Rate
75
Active Lenders

SBA Loans for Machine Shops

The Machine Shops industry received $125M in SBA 7(a) loans across 161 businesses in 2025. With 75 lenders actively funding this industry, finding the right bank can make a significant difference in your rates and approval odds.

Working with an experienced SBA loan broker who understands the Machine Shops industry can help you access lenders that specialize in your business type.

💡 Key Insight: The average SBA loan for Machine Shops businesses is $779K with an average rate of 9.35%. Lenders who specialize in this industry often offer better terms and faster approvals.

Top 10 SBA Lenders for Machine Shops (2025 Data)

These are the banks that funded the most SBA 7(a) loans to Machine Shops businesses based on 2025 FOIA data, ranked by total dollar volume:

RankLenderVolumeLoansAvg Rate
1U.S. Bank$8.6M119.35%
2First Financial Bank$7.5M49.35%
3The Huntington National Bank$6.1M179.35%
4Washington Trust Bank$5.0M19.35%
51st Source Bank$5.0M19.35%
6Live Oak Banking Company$5.0M29.35%
7Highland Bank$4.6M39.35%
8First Internet Bank of Indiana$4.3M29.35%
9Columbia Bank$4.2M49.35%
10Pathward$4.1M29.35%

🤝 Why Use an SBA Broker for Machine Shops Loans?

GoSBA Loans has extensive experience financing Machine Shops businesses:

  • Industry expertise — we know which lenders specialize in Machine Shops
  • Access to 75+ lenders — including banks that don’t accept direct applications
  • Better rates — our relationships help secure competitive terms
  • Faster approvals — proper preparation leads to quicker decisions
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Machine Shops SBA Loan

Our team specializes in SBA financing for Machine Shops businesses. Let us match you with the right lender for your specific needs.

Need SBA financing for your Machine Shops business? GoSBA Loans specializes in SBA loans for Machine Shops businesses. Contact our industry specialists today for a free consultation.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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