Clothing and Clothing Accessories Retailers: SBA acquisition lenders
100 SBA 7(a) loans financed acquisitions classified as Clothing and Clothing Accessories Retailers nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 100
- Total approved
- $82.3M
- Median loan
- $489K
- Middle half of loans
- $204K to $1.1M
- Median starting rate
- 9.38%
- 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 | 7 | 7% | $199K | $3.0M |
| 2 | First Internet Bank of Indiana | 6 | 6% | $925K | $10.3M |
| 3 | Live Oak Banking Company | 6 | 6% | $421K | $4.9M |
| 4 | Zions Bancorporation, National Association | 6 | 6% | $390K | $2.4M |
| 5 | Pathward National Association | 3 | 3% | $1.5M | $6.6M |
| 6 | United Community Bank | 3 | 3% | $1.5M | $5.0M |
| 7 | Truliant FCU | 3 | 3% | $685K | $3.9M |
| 8 | Hancock Whitney Bank | 3 | 3% | $1.4M | $3.0M |
| 9 | Citizens Bank | 3 | 3% | $380K | $1.1M |
| 10 | Bank of America, National Association | 2 | 2% | $1.4M | $2.7M |
| 11 | Mid Penn Bank | 2 | 2% | $1.1M | $2.3M |
| 12 | Customers Bank | 2 | 2% | $863K | $1.7M |
| 13 | VelocitySBA, LLC | 2 | 2% | $805K | $1.6M |
| 14 | TowneBank | 2 | 2% | $618K | $1.2M |
| 15 | Quaint Oak Bank | 2 | 2% | $452K | $904K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Texas | 10 | $332K | $4.3M |
| California | 9 | $713K | $8.3M |
| Pennsylvania | 7 | $854K | $9.6M |
| Minnesota | 7 | $199K | $2.2M |
| Ohio | 6 | $325K | $5.1M |
| Florida | 4 | $1.6M | $6.4M |
| Arizona | 4 | $659K | $4.0M |
| Georgia | 3 | $1.5M | $6.1M |
| Washington | 3 | $345K | $3.6M |
| Louisiana | 3 | $1.4M | $3.0M |
| North Carolina | 3 | $562K | $2.0M |
| Wisconsin | 3 | $350K | $1.8M |
| Alabama | 3 | $510K | $1.6M |
| Mississippi | 3 | $540K | $1.3M |
| Nebraska | 3 | $58K | $738K |
| Kentucky | 3 | $90K | $318K |
| New Jersey | 2 | $2.5M | $5.0M |
| South Carolina | 2 | $1.8M | $3.5M |
| Kansas | 2 | $1.1M | $2.2M |
| Delaware | 2 | $863K | $1.7M |
| Michigan | 2 | $716K | $1.4M |
| New York | 2 | $495K | $990K |
| Virginia | 2 | $321K | $642K |
| Colorado | 2 | $270K | $540K |
| Illinois | 1 | $2.0M | $2.0M |
| Idaho | 1 | $1.1M | $1.1M |
| Missouri | 1 | $1.1M | $1.1M |
| Indiana | 1 | $450K | $450K |
| Maryland | 1 | $405K | $405K |
| Utah | 1 | $349K | $349K |
| North Dakota | 1 | $250K | $250K |
| Arkansas | 1 | $202K | $202K |
| Oregon | 1 | $150K | $150K |
| New Hampshire | 1 | $30K | $30K |