Automobile and Other Motor Vehicle Merchant Wholesalers: SBA acquisition lenders
8 recorded SBA 7(a) acquisition approvals for Automobile and Other Motor Vehicle Merchant Wholesalers, FY2024–FY2026. Median approved loan: $923K. See lenders and activity by state.
- Acquisitions financed
- 8
- Total approved
- $10.5M
- Median loan
- $923K
- Middle half of loans
- $530K to $1.2M
- Median starting rate
- 9.88%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 2 | 25% | $2.5M | $5.0M |
| 2 | Nicolet National Bank | 2 | 25% | $610K | $1.2M |
| 3 | Manufacturers and Traders Trust Company | 1 | 12% | $1.7M | $1.7M |
| 4 | First Bank of Central Ohio | 1 | 12% | $1.0M | $1.0M |
| 5 | Midwest Regional Bank | 1 | 12% | $977K | $977K |
| 6 | Centier Bank | 1 | 12% | $540K | $540K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 3 | $1.0M | $6.0M |
| Iowa | 2 | $610K | $1.2M |
| Maryland | 1 | $1.7M | $1.7M |
| Arizona | 1 | $977K | $977K |
| Illinois | 1 | $540K | $540K |