Electronic and Precision Equipment Repair and Maintenance: SBA acquisition lenders
31 SBA 7(a) loans financed acquisitions classified as Electronic and Precision Equipment Repair and Maintenance nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 31
- Total approved
- $35.6M
- Median loan
- $428K
- Middle half of loans
- $228K to $1.7M
- 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 | The Huntington National Bank | 6 | 19% | $624K | $7.3M |
| 2 | Live Oak Banking Company | 5 | 16% | $2.8M | $10.5M |
| 3 | Bridgewater Bank | 2 | 6% | $1.7M | $3.4M |
| 4 | Old National Bank | 2 | 6% | $1.1M | $2.1M |
| 5 | The Fidelity Bank | 2 | 6% | $398K | $796K |
| 6 | First National Bank of Pennsylvania | 2 | 6% | $198K | $395K |
| 7 | Firstrust Savings Bank | 1 | 3% | $2.8M | $2.8M |
| 8 | T Bank, National Association | 1 | 3% | $2.4M | $2.4M |
| 9 | Byline Bank | 1 | 3% | $1.5M | $1.5M |
| 10 | United Midwest Savings Bank National Association | 1 | 3% | $1.0M | $1.0M |
| 11 | First Merchants Bank | 1 | 3% | $1000K | $1000K |
| 12 | Leader Bank, National Association | 1 | 3% | $636K | $636K |
| 13 | CCFBank National Association | 1 | 3% | $428K | $428K |
| 14 | Newtek Bank, National Association | 1 | 3% | $350K | $350K |
| 15 | Zions Bancorporation, National Association | 1 | 3% | $312K | $312K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Indiana | 5 | $300K | $7.3M |
| Florida | 4 | $574K | $4.0M |
| North Carolina | 4 | $252K | $1.2M |
| Ohio | 3 | $1.2M | $2.8M |
| Michigan | 2 | $1.8M | $3.5M |
| Minnesota | 2 | $1.7M | $3.4M |
| Wisconsin | 2 | $389K | $778K |
| South Carolina | 1 | $4.0M | $4.0M |
| Pennsylvania | 1 | $2.8M | $2.8M |
| Tennessee | 1 | $2.4M | $2.4M |
| Arizona | 1 | $1.0M | $1.0M |
| Texas | 1 | $1000K | $1000K |
| Washington | 1 | $636K | $636K |
| Colorado | 1 | $312K | $312K |
| California | 1 | $292K | $292K |
| South Dakota | 1 | $256K | $256K |