Hardware Merchant Wholesalers: SBA acquisition lenders
14 recorded SBA 7(a) acquisition approvals for Hardware Merchant Wholesalers, FY2024–FY2026. Median approved loan: $2.1M. See lenders and activity by state.
- Acquisitions financed
- 14
- Total approved
- $31.8M
- Median loan
- $2.1M
- Middle half of loans
- $909K to $3.2M
- Median starting rate
- 9.62%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | First Internet Bank of Indiana | 3 | 21% | $905K | $2.2M |
| 2 | Truliant FCU | 2 | 14% | $2.6M | $5.2M |
| 3 | The American National Bank of Texas | 2 | 14% | $535K | $1.1M |
| 4 | Bell Bank | 1 | 7% | $5.0M | $5.0M |
| 5 | Live Oak Banking Company | 1 | 7% | $5.0M | $5.0M |
| 6 | Northwest Bank | 1 | 7% | $3.3M | $3.3M |
| 7 | ACNB Bank | 1 | 7% | $3.2M | $3.2M |
| 8 | Scale Bank | 1 | 7% | $2.6M | $2.6M |
| 9 | Fifth Third Bank | 1 | 7% | $2.2M | $2.2M |
| 10 | The Huntington National Bank | 1 | 7% | $2.0M | $2.0M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Texas | 3 | $920K | $4.3M |
| New York | 3 | $905K | $2.2M |
| Minnesota | 2 | $3.8M | $7.6M |
| California | 2 | $2.6M | $5.2M |
| Florida | 1 | $5.0M | $5.0M |
| Maryland | 1 | $3.2M | $3.2M |
| Michigan | 1 | $2.2M | $2.2M |
| Pennsylvania | 1 | $2.0M | $2.0M |