Cosmetology and Barber Schools: SBA acquisition lenders
8 recorded SBA 7(a) acquisition approvals for Cosmetology and Barber Schools, FY2024–FY2026. Median approved loan: $486K. See lenders and activity by state.
- Acquisitions financed
- 8
- Total approved
- $7.7M
- Median loan
- $486K
- Middle half of loans
- $310K to $1.2M
- Median starting rate
- 9.50%
- 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 | 25% | $1.7M | $3.3M |
| 2 | The Huntington National Bank | 2 | 25% | $256K | $513K |
| 3 | Hanover Community Bank | 1 | 12% | $2.0M | $2.0M |
| 4 | OMB Bank | 1 | 12% | $888K | $888K |
| 5 | Kish Bank | 1 | 12% | $572K | $572K |
| 6 | TrailWest Bank | 1 | 12% | $400K | $400K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Massachusetts | 2 | $1.7M | $3.3M |
| Delaware | 2 | $256K | $513K |
| California | 1 | $2.0M | $2.0M |
| Missouri | 1 | $888K | $888K |
| Pennsylvania | 1 | $572K | $572K |
| Montana | 1 | $400K | $400K |