SBA Loans for Machine Shops in Delaware: Top Lenders
NAICS 332NAICS 332 covers machine shops businesses in Delaware. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Delaware
Median Loan Size
$775,000
per approval
Recent Activity
0
last 90 days through Feb 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 $775,000.
Key trends & insights
- Machine Shops in Delaware loans run larger than the SBA average — a $775,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2025-02-17 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Machine Shops in Delaware
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $1,300,000 | |
| 2 | 1 | $200,000 |
Recent SBA 7(a) approvals for Machine Shops in Delaware
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | Newtek Bank, National Association | Ele*****one | Claymont, DE | $200,000 |
| 2023-04 | Fulton Bank, National Association | N.L*****nc. | Newport, DE | $2,820,000 |
| 2023-04 | Fulton Bank, National Association | Chu*****nc. | Newport, DE | $250,000 |
| 2023-04 | Fulton Bank, National Association | Chu*****nc. | Newport, DE | $1,300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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