Farm Supplies Merchant Wholesalers: SBA acquisition lenders
16 SBA 7(a) loans financed acquisitions classified as Farm Supplies Merchant Wholesalers nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 16
- Total approved
- $21.2M
- Median loan
- $1.2M
- Middle half of loans
- $500K to $1.7M
- Median starting rate
- 9.00%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Merchants Bank of Indiana | 2 | 12% | $2.3M | $4.7M |
| 2 | Santander Bank, National Association | 2 | 12% | $1.1M | $2.3M |
| 3 | Live Oak Banking Company | 2 | 12% | $909K | $1.8M |
| 4 | Amerant Bank, National Association | 1 | 6% | $2.5M | $2.5M |
| 5 | Busey Bank | 1 | 6% | $2.1M | $2.1M |
| 6 | Prosperity Bank | 1 | 6% | $1.7M | $1.7M |
| 7 | Anstaff Bank | 1 | 6% | $1.3M | $1.3M |
| 8 | Belgrade State Bank | 1 | 6% | $1.2M | $1.2M |
| 9 | First Capital Bank | 1 | 6% | $1.2M | $1.2M |
| 10 | Customers Bank | 1 | 6% | $1.1M | $1.1M |
| 11 | Horizon Bank | 1 | 6% | $825K | $825K |
| 12 | Port 51 Lending LLC | 1 | 6% | $448K | $448K |
| 13 | Luana Savings Bank | 1 | 6% | $180K | $180K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Michigan | 2 | $2.3M | $4.7M |
| Texas | 2 | $1.4M | $2.8M |
| Massachusetts | 2 | $1.1M | $2.3M |
| New Mexico | 2 | $909K | $1.8M |
| Florida | 1 | $2.5M | $2.5M |
| Nebraska | 1 | $2.1M | $2.1M |
| Arkansas | 1 | $1.3M | $1.3M |
| Missouri | 1 | $1.2M | $1.2M |
| South Dakota | 1 | $1.1M | $1.1M |
| Indiana | 1 | $825K | $825K |
| California | 1 | $448K | $448K |
| Iowa | 1 | $180K | $180K |