All Other Telecommunications: SBA acquisition lenders
10 recorded SBA 7(a) acquisition approvals for All Other Telecommunications, FY2024–FY2026. Median approved loan: $800K. See lenders and activity by state.
- Acquisitions financed
- 10
- Total approved
- $14.8M
- Median loan
- $800K
- Middle half of loans
- $275K to $1.9M
- Median starting rate
- 9.25%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 2 | 20% | $2.6M | $5.2M |
| 2 | The Huntington National Bank | 2 | 20% | $628K | $1.3M |
| 3 | Customers Bank | 2 | 20% | $300K | $600K |
| 4 | Bankwell Bank | 1 | 10% | $4.0M | $4.0M |
| 5 | 22nd State Bank, A Division of 22nd State Banking Company | 1 | 10% | $2.2M | $2.2M |
| 6 | Manufacturers and Traders Trust Company | 1 | 10% | $946K | $946K |
| 7 | Lexicon Bank | 1 | 10% | $653K | $653K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Florida | 2 | $3.6M | $7.2M |
| Missouri | 2 | $628K | $1.3M |
| New Jersey | 2 | $300K | $600K |
| Texas | 1 | $4.0M | $4.0M |
| Connecticut | 1 | $946K | $946K |
| Idaho | 1 | $653K | $653K |
| Michigan | 1 | $210K | $210K |