All Other Miscellaneous Electrical Equipment and Component Manufacturing: SBA acquisition lenders
12 SBA 7(a) loans financed acquisitions classified as All Other Miscellaneous Electrical Equipment and Component Manufacturing nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 12
- Total approved
- $17.4M
- Median loan
- $785K
- Middle half of loans
- $442K to $2.0M
- Median starting rate
- 8.75%
- 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 | 4 | 33% | $600K | $5.5M |
| 2 | Old National Bank | 2 | 17% | $2.2M | $4.5M |
| 3 | Beacon Bank and Trust | 1 | 8% | $3.1M | $3.1M |
| 4 | Legacy Bank & Trust Company | 1 | 8% | $1.6M | $1.6M |
| 5 | America First Federal Credit Union | 1 | 8% | $1.3M | $1.3M |
| 6 | United Midwest Savings Bank National Association | 1 | 8% | $670K | $670K |
| 7 | Enterprise Bank | 1 | 8% | $450K | $450K |
| 8 | CIBC Bank USA | 1 | 8% | $418K | $418K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Ohio | 4 | $600K | $5.5M |
| Illinois | 2 | $2.2M | $4.5M |
| Connecticut | 1 | $3.1M | $3.1M |
| Arkansas | 1 | $1.6M | $1.6M |
| Arizona | 1 | $1.3M | $1.3M |
| California | 1 | $670K | $670K |
| Pennsylvania | 1 | $450K | $450K |
| Texas | 1 | $418K | $418K |