General Line Grocery Merchant Wholesalers: SBA acquisition lenders
21 SBA 7(a) loans financed acquisitions classified as General Line Grocery Merchant Wholesalers nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 21
- Total approved
- $32.3M
- Median loan
- $985K
- Middle half of loans
- $385K to $2.5M
- Median starting rate
- 9.75%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | T Bank, National Association | 5 | 24% | $700K | $5.4M |
| 2 | Fifth Third Bank | 2 | 10% | $3.3M | $6.6M |
| 3 | Columbia Bank | 2 | 10% | $2.0M | $4.0M |
| 4 | United Community Bank | 2 | 10% | $485K | $970K |
| 5 | American Riviera Bank | 2 | 10% | $281K | $562K |
| 6 | Port 51 Lending LLC | 1 | 5% | $5.0M | $5.0M |
| 7 | Hanover Community Bank | 1 | 5% | $3.2M | $3.2M |
| 8 | First Seacoast Bank | 1 | 5% | $1.9M | $1.9M |
| 9 | First Internet Bank of Indiana | 1 | 5% | $1.5M | $1.5M |
| 10 | Lendistry SBLC, LLC | 1 | 5% | $1.1M | $1.1M |
| 11 | Pan American Bank & Trust | 1 | 5% | $985K | $985K |
| 12 | Regions Bank | 1 | 5% | $941K | $941K |
| 13 | CS Bank | 1 | 5% | $100K | $100K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 4 | $2.2M | $9.6M |
| Georgia | 3 | $620K | $4.2M |
| New York | 3 | $700K | $2.3M |
| Washington | 2 | $2.0M | $4.0M |
| Florida | 2 | $1.2M | $2.4M |
| Texas | 1 | $2.6M | $2.6M |
| Iowa | 1 | $2.5M | $2.5M |
| New Hampshire | 1 | $1.9M | $1.9M |
| Hawaii | 1 | $1.1M | $1.1M |
| Illinois | 1 | $985K | $985K |
| Massachusetts | 1 | $565K | $565K |
| Arkansas | 1 | $100K | $100K |