General Rental Centers: SBA acquisition lenders
15 recorded SBA 7(a) acquisition approvals for General Rental Centers, FY2024–FY2026. Median approved loan: $774K. See lenders and activity by state.
- Acquisitions financed
- 15
- Total approved
- $17.0M
- Median loan
- $774K
- Middle half of loans
- $409K to $1.2M
- 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 | Happen Bank | 3 | 20% | $409K | $5.0M |
| 2 | Manufacturers and Traders Trust Company | 2 | 13% | $396K | $792K |
| 3 | Colony Bank | 1 | 7% | $2.6M | $2.6M |
| 4 | Centerstone SBA Lending, Inc. | 1 | 7% | $2.6M | $2.6M |
| 5 | Republic Bank & Trust Company | 1 | 7% | $1.3M | $1.3M |
| 6 | Truist Bank | 1 | 7% | $1.0M | $1.0M |
| 7 | Southern Bancorp Bank | 1 | 7% | $975K | $975K |
| 8 | Live Oak Banking Company | 1 | 7% | $857K | $857K |
| 9 | Penn Community Bank | 1 | 7% | $774K | $774K |
| 10 | All One Credit Union | 1 | 7% | $450K | $450K |
| 11 | First Mid Bank & Trust, National Association | 1 | 7% | $352K | $352K |
| 12 | SouthState Bank, National Association | 1 | 7% | $245K | $245K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 4 | $1.5M | $7.6M |
| New York | 2 | $396K | $792K |
| Florida | 1 | $2.6M | $2.6M |
| Ohio | 1 | $1.3M | $1.3M |
| Virginia | 1 | $1.0M | $1.0M |
| Arkansas | 1 | $975K | $975K |
| Michigan | 1 | $857K | $857K |
| Pennsylvania | 1 | $774K | $774K |
| Massachusetts | 1 | $450K | $450K |
| Illinois | 1 | $352K | $352K |
| Colorado | 1 | $245K | $245K |