All Other Insurance Related Activities: SBA acquisition lenders
7 recorded SBA 7(a) acquisition approvals for All Other Insurance Related Activities, FY2024–FY2026. Median approved loan: $1.9M. See lenders and activity by state.
- Acquisitions financed
- 7
- Total approved
- $13.2M
- Median loan
- $1.9M
- Middle half of loans
- $452K to $2.8M
- Median starting rate
- 9.00%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 3 | 43% | $350K | $2.5M |
| 2 | First Internet Bank of Indiana | 1 | 14% | $4.8M | $4.8M |
| 3 | First Bank of Central Ohio | 1 | 14% | $3.6M | $3.6M |
| 4 | FWBank | 1 | 14% | $1.9M | $1.9M |
| 5 | American Momentum Bank | 1 | 14% | $554K | $554K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Michigan | 3 | $350K | $2.5M |
| Illinois | 1 | $4.8M | $4.8M |
| Oregon | 1 | $3.6M | $3.6M |
| California | 1 | $1.9M | $1.9M |
| Delaware | 1 | $554K | $554K |