Farm Machinery and Equipment Manufacturing: SBA acquisition lenders
5 SBA 7(a) loans financed acquisitions classified as Farm Machinery and Equipment Manufacturing nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 5
- Total approved
- $8.0M
- Median loan
- $985K
- Middle half of loans
- $610K to $1.4M
- Median starting rate
- 10.00%
- Median term
- 13 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 | 3 | 60% | $1.4M | $6.4M |
| 2 | BMO Bank National Association | 1 | 20% | $985K | $985K |
| 3 | First Business Bank | 1 | 20% | $610K | $610K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Colorado | 2 | $2.5M | $5.0M |
| Louisiana | 1 | $1.4M | $1.4M |
| Oregon | 1 | $985K | $985K |
| Texas | 1 | $610K | $610K |