SBA Loans for Machine Shops in Alabama: Top Lenders
NAICS 332NAICS 332 covers machine shops businesses in Alabama. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Alabama
Median Loan Size
$250,000
per approval
Recent Activity
0
last 90 days through May 2025
NAICS 332 covers machine shops businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $250,000.
Key trends & insights
- Machine Shops in Alabama lending is concentrated — First Internet Bank OF India, National Association, Sabre Finance, Bank OF Hope together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- First Internet Bank OF India, National Association leads this industry with 2 approvals (50% market share) and a median loan of $1,895,000.
Most active SBA lenders for Machine Shops in Alabama
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $1,895,000 | |
| 2 | 1 | $195,000 | |
| 3 | 1 | $250,000 |
Recent SBA 7(a) approvals for Machine Shops in Alabama
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | BHM Bank | 280*****LLC | Sylacauga, AL | $106,000 |
| 2025-11 | First Internet Bank of Indiana | Hol*****eel | ELMORE, AL | $720,000 |
| 2025-07 | Newtek Bank, National Association | Iro*****Inc | TRUSSVILLE, AL | $400,000 |
| 2025-05 | First Internet Bank of Indiana | Hol*****nc. | ELMORE, AL | $3,540,000 |
| 2025-05 | First Internet Bank of Indiana | Hol*****nc. | ELMORE, AL | $250,000 |
| 2025-04 | Georgia's Own Credit Union | Gul*****LLC | THEODORE, AL | $902,000 |
| 2025-02 | Sabre Finance | HBT*****LLC | Guntersville, AL | $195,000 |
| 2025-01 | SouthState Bank, National Association | Ha****eel | TUSCALOOSA, AL | $1,137,500 |
| 2024-10 | Newtek Bank, National Association | Iro*****Inc | Tarrant, AL | $246,000 |
| 2024-04 | Bank of Hope | Tot*****LLC | MONTGOMERY, AL | $250,000 |
| 2024-03 | Brookline Bank, a Division of Beacon Bank and Trust | D &*****NC. | ANNISTON, AL | $1,000,000 |
| 2023-03 | BankFirst Financial Services | MGT*****LLC | SPRINGVILLE, AL | $46,900 |
| 2022-09 | CRF Small Business Loan Company, LLC | RAG*****LLC | Madison, AL | $1,900,000 |
| 2022-08 | BankFirst Financial Services | Yar****LLC | NORTHPORT, AL | $20,000 |
| 2021-07 | Regions Bank | Val*****nc. | CHELSEA, AL | $1,933,300 |
| 2021-04 | Regions Bank | GSA*****LLC | FOLEY, AL | $4,612,500 |
| 2020-12 | PNC Bank, National Association | Lib*****nc. | THEODORE, AL | $300,000 |
| 2020-03 | BankFirst Financial Services | MGT*****LLC | SPRINGVILLE, AL | $149,900 |
| 2020-03 | BankFirst Financial Services | MGT*****LLC | SPRINGVILLE, AL | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet