SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Delaware: Top Lenders
NAICS 423NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Delaware. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Delaware
Median Loan Size
$25,000
per approval
Recent Activity
2
last 90 days through Dec 2025
NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $25,000.
Key trends & insights
- Industrial Machinery and Equipment Merchant Wholesalers in Delaware loans skew smaller than the SBA average at $25,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Industrial Machinery and Equipment Merchant Wholesalers in Delaware
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $23,750 | |
| 2 | 1 | $25,000 |
Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Delaware
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Manufacturers and Traders Trust Company | Gun*****LLC | NEWARK, DE | $8,000 |
| 2025-08 | Manufacturers and Traders Trust Company | JHP*****LLC | NEWARK, DE | $22,500 |
| 2024-11 | Northeast Bank | ORI*****INC | Wilmington, DE | $300,000 |
| 2024-11 | Manufacturers and Traders Trust Company | CRE*****LLC | LINCOLN, DE | $25,000 |
| 2024-06 | Manufacturers and Traders Trust Company | SPE*****LLC | HARRINGTON, DE | $30,000 |
| 2024-03 | Wells Fargo Bank National Association | EVA*****LLC | NEWARK, DE | $15,000 |
| 2023-09 | Firstrust Savings Bank | GTS*****LLC | WILMINGTON, DE | $4,300,000 |
| 2023-09 | Firstrust Savings Bank | GTS*****LLC | WILMINGTON, DE | $500,000 |
| 2023-04 | Heritage Bank Inc | Str*****any | REHOBOTH BEACH, DE | $150,000 |
| 2023-03 | TD Bank, National Association | Phi*****LLC | NEWARK, DE | $59,000 |
| 2023-02 | PNC Bank, National Association | MOT*****LLC | MIDDLETOWN, DE | $25,000 |
| 2021-11 | Manufacturers and Traders Trust Company | KT****LLC | SELBYVILLE, DE | $670,000 |
| 2021-09 | Wilmington Savings Fund Society FSB | Ken*****LLC | NEWARK, DE | $5,000,000 |
| 2021-06 | Wells Fargo Bank National Association | Cop*****Inc | WILMINGTON, DE | $850,500 |
| 2020-10 | TD Bank, National Association | LAN*****LLC | NEWARK, DE | $100,000 |
| 2020-02 | Manufacturers and Traders Trust Company | Cli*****LLC | BEAR, DE | $350,000 |
| 2020-02 | PNC Bank, National Association | AHT*****LLC | NEWARK, DE | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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