Book Retailers and News Dealers: SBA acquisition lenders
7 SBA 7(a) loans financed acquisitions classified as Book Retailers and News Dealers nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 7
- Total approved
- $2.0M
- Median loan
- $215K
- Middle half of loans
- $120K to $428K
- 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 | The Huntington National Bank | 2 | 29% | $225K | $450K |
| 2 | Bank of Dudley | 1 | 14% | $630K | $630K |
| 3 | Bangor Savings Bank | 1 | 14% | $440K | $440K |
| 4 | Zions Bancorporation, National Association | 1 | 14% | $215K | $215K |
| 5 | Farmers and Merchants Savings Bank | 1 | 14% | $140K | $140K |
| 6 | Newtek Bank, National Association | 1 | 14% | $100K | $100K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 2 | $225K | $450K |
| Georgia | 1 | $630K | $630K |
| New Hampshire | 1 | $440K | $440K |
| Colorado | 1 | $215K | $215K |
| Minnesota | 1 | $140K | $140K |
| Illinois | 1 | $100K | $100K |