Freight Transportation Arrangement: SBA acquisition lenders
19 recorded SBA 7(a) acquisition approvals for Freight Transportation Arrangement, FY2024–FY2026. Median approved loan: $2.1M. See lenders and activity by state.
- Acquisitions financed
- 19
- Total approved
- $41.9M
- Median loan
- $2.1M
- Middle half of loans
- $720K to $3.5M
- 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 | Old National Bank | 2 | 11% | $2.3M | $4.6M |
| 2 | The Huntington National Bank | 2 | 11% | $1.3M | $2.6M |
| 3 | U.S. Bank, National Association | 2 | 11% | $333K | $666K |
| 4 | Northwest Bank | 1 | 5% | $5.0M | $5.0M |
| 5 | United Community Bank | 1 | 5% | $4.9M | $4.9M |
| 6 | Pathward National Association | 1 | 5% | $4.4M | $4.4M |
| 7 | First Utah Bank | 1 | 5% | $3.9M | $3.9M |
| 8 | Live Oak Banking Company | 1 | 5% | $3.0M | $3.0M |
| 9 | German American Bank | 1 | 5% | $2.8M | $2.8M |
| 10 | PNC Bank, National Association | 1 | 5% | $2.3M | $2.3M |
| 11 | Regions Bank | 1 | 5% | $2.3M | $2.3M |
| 12 | Beacon Bank and Trust | 1 | 5% | $1.6M | $1.6M |
| 13 | Pinnacle Bank | 1 | 5% | $1.4M | $1.4M |
| 14 | Evolve Bank and Trust | 1 | 5% | $1.3M | $1.3M |
| 15 | Wells Fargo Bank National Association | 1 | 5% | $925K | $925K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Ohio | 4 | $2.2M | $7.7M |
| Illinois | 3 | $3.0M | $7.6M |
| Washington | 2 | $333K | $666K |
| Oregon | 1 | $5.0M | $5.0M |
| Alabama | 1 | $4.9M | $4.9M |
| Florida | 1 | $4.4M | $4.4M |
| Utah | 1 | $3.9M | $3.9M |
| Texas | 1 | $2.3M | $2.3M |
| Rhode Island | 1 | $1.6M | $1.6M |
| Maryland | 1 | $1.4M | $1.4M |
| North Carolina | 1 | $1.3M | $1.3M |
| Nevada | 1 | $925K | $925K |
| New Hampshire | 1 | $194K | $194K |