All Other Specialty Food Retailers: SBA acquisition lenders
59 SBA 7(a) loans financed acquisitions classified as All Other Specialty Food Retailers nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 59
- Total approved
- $44.5M
- Median loan
- $417K
- Middle half of loans
- $203K to $879K
- Median starting rate
- 9.75%
- 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 | 16 | 27% | $170K | $8.0M |
| 2 | Rockland Trust Company | 3 | 5% | $1.6M | $4.6M |
| 3 | Pathward National Association | 2 | 3% | $2.5M | $5.0M |
| 4 | GBank | 2 | 3% | $1.7M | $3.3M |
| 5 | First Merchants Bank | 2 | 3% | $1.1M | $2.1M |
| 6 | TowneBank | 2 | 3% | $756K | $1.5M |
| 7 | United Midwest Savings Bank National Association | 2 | 3% | $618K | $1.2M |
| 8 | Old National Bank | 2 | 3% | $498K | $997K |
| 9 | VelocitySBA, LLC | 2 | 3% | $348K | $695K |
| 10 | Montana Community Development Corp. | 2 | 3% | $131K | $263K |
| 11 | Readycap Lending, LLC | 1 | 2% | $3.0M | $3.0M |
| 12 | Firstrust Savings Bank | 1 | 2% | $1.9M | $1.9M |
| 13 | Columbia Bank | 1 | 2% | $1.8M | $1.8M |
| 14 | Peapack Private Bank and Trust | 1 | 2% | $1.4M | $1.4M |
| 15 | 22nd State Bank, A Division of 22nd State Banking Company | 1 | 2% | $1.2M | $1.2M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 7 | $776K | $7.9M |
| Texas | 7 | $404K | $3.4M |
| Ohio | 6 | $152K | $2.2M |
| New Jersey | 4 | $1.6M | $5.3M |
| Massachusetts | 4 | $1.1M | $4.8M |
| Florida | 4 | $623K | $2.5M |
| Illinois | 3 | $300K | $653K |
| North Carolina | 2 | $2.3M | $4.7M |
| New York | 2 | $740K | $1.5M |
| Wisconsin | 2 | $498K | $997K |
| South Carolina | 2 | $241K | $482K |
| Michigan | 2 | $166K | $332K |
| Montana | 2 | $131K | $263K |
| Kentucky | 1 | $4.0M | $4.0M |
| Nevada | 1 | $1.4M | $1.4M |
| Alaska | 1 | $760K | $760K |
| Missouri | 1 | $756K | $756K |
| Georgia | 1 | $711K | $711K |
| Pennsylvania | 1 | $490K | $490K |
| Minnesota | 1 | $417K | $417K |
| Rhode Island | 1 | $308K | $308K |
| Arizona | 1 | $248K | $248K |
| Maryland | 1 | $160K | $160K |
| New Hampshire | 1 | $150K | $150K |
| West Virginia | 1 | $140K | $140K |