Farm and Garden Machinery and Equipment Merchant Wholesalers: SBA acquisition lenders
7 SBA 7(a) loans financed acquisitions classified as Farm and Garden Machinery and Equipment Merchant Wholesalers nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 7
- Total approved
- $6.9M
- Median loan
- $550K
- Middle half of loans
- $450K to $1.1M
- Median starting rate
- 8.50%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | First Community Bank | 2 | 29% | $794K | $1.6M |
| 2 | The Huntington National Bank | 1 | 14% | $3.2M | $3.2M |
| 3 | CS Bank | 1 | 14% | $1.1M | $1.1M |
| 4 | Republic Bank & Trust Company | 1 | 14% | $550K | $550K |
| 5 | TrailWest Bank | 1 | 14% | $400K | $400K |
| 6 | Nicolet National Bank | 1 | 14% | $30K | $30K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Georgia | 2 | $794K | $1.6M |
| Michigan | 1 | $3.2M | $3.2M |
| Arkansas | 1 | $1.1M | $1.1M |
| Ohio | 1 | $550K | $550K |
| Montana | 1 | $400K | $400K |
| Wisconsin | 1 | $30K | $30K |