MTM Industrial Group Inc.
MTM Industrial Group Inc. is a commercial and industrial machinery and equipment repair and maintenance business (NAICS 811310, excluding automotive and electronic) located in Winfield, NY. The company was financed with an SBA 7(a) loan for a change of ownership totaling $3,263,000, approved on March 20, 2026, through Manufacturers and Traders Trust Company, with a 10-year term.
SBA 7(a) loan, change of ownership, approved Mar 20, 2026
$3,263,000 approvedLender: Manufacturers and Traders Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,263,000
- SBA-guaranteed amount
- $2,447,250 (75% of the approval)
- Lender
- Manufacturers and Traders Trust Company, Buffalo, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- March 20, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $40,457 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 811310, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
- Project location
- Herkimer County, NY
- SBA district office
- Syracuse District Office
- Congressional district
- NY-19
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 93% of acquisition loans in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance on this site.
- Average acquisition loan in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance: $1,576,060.
- Average acquisition loan in New York: $1,771,512.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in New York
- Empire Air Space, LLC, Ronkonkoma