Employment Placement Agencies: SBA acquisition lenders
37 recorded SBA 7(a) acquisition approvals for Employment Placement Agencies, FY2024–FY2026. Median approved loan: $1.1M. See lenders and activity by state.
- Acquisitions financed
- 37
- Total approved
- $69.2M
- Median loan
- $1.1M
- Middle half of loans
- $563K to $2.7M
- 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 | 5 | 14% | $833K | $6.9M |
| 2 | Pathward National Association | 4 | 11% | $3.1M | $11.4M |
| 3 | TowneBank | 3 | 8% | $764K | $2.3M |
| 4 | First Horizon Bank | 2 | 5% | $2.5M | $5.0M |
| 5 | Byline Bank | 2 | 5% | $2.1M | $4.2M |
| 6 | Old National Bank | 2 | 5% | $1.6M | $3.3M |
| 7 | MidFirst Bank | 1 | 3% | $4.7M | $4.7M |
| 8 | FFB Bank | 1 | 3% | $4.6M | $4.6M |
| 9 | The Bank of Elk River | 1 | 3% | $4.6M | $4.6M |
| 10 | InBank | 1 | 3% | $4.3M | $4.3M |
| 11 | Columbia Bank | 1 | 3% | $4.2M | $4.2M |
| 12 | MI Bank | 1 | 3% | $2.0M | $2.0M |
| 13 | Live Oak Banking Company | 1 | 3% | $2.0M | $2.0M |
| 14 | Broadway National Bank | 1 | 3% | $1.8M | $1.8M |
| 15 | Five Star Bank | 1 | 3% | $1.7M | $1.7M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 4 | $4.3M | $13.9M |
| Minnesota | 3 | $3.0M | $7.9M |
| New York | 3 | $1.7M | $7.0M |
| Texas | 3 | $1.1M | $3.4M |
| Florida | 3 | $800K | $3.3M |
| Georgia | 3 | $833K | $3.2M |
| Ohio | 2 | $2.5M | $4.9M |
| Maryland | 2 | $414K | $829K |
| Oklahoma | 1 | $4.7M | $4.7M |
| Utah | 1 | $4.6M | $4.6M |
| Tennessee | 1 | $2.7M | $2.7M |
| Colorado | 1 | $2.5M | $2.5M |
| Michigan | 1 | $2.0M | $2.0M |
| Indiana | 1 | $1.8M | $1.8M |
| New Jersey | 1 | $1.3M | $1.3M |
| Massachusetts | 1 | $1.1M | $1.1M |
| Pennsylvania | 1 | $1.0M | $1.0M |
| Missouri | 1 | $781K | $781K |
| Mississippi | 1 | $764K | $764K |
| Illinois | 1 | $757K | $757K |
| Maine | 1 | $680K | $680K |
| Kansas | 1 | $92K | $92K |