Home and Garden Equipment Repair and Maintenance: SBA acquisition lenders
7 SBA 7(a) loans financed acquisitions classified as Home and Garden Equipment Repair and Maintenance nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 7
- Total approved
- $9.8M
- Median loan
- $1.3M
- Middle half of loans
- $347K to $1.6M
- Median starting rate
- 9.50%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | RiverBank | 2 | 29% | $310K | $620K |
| 2 | The Bancorp Bank National Association | 1 | 14% | $4.5M | $4.5M |
| 3 | Hancock Whitney Bank | 1 | 14% | $1.8M | $1.8M |
| 4 | OptimumBank | 1 | 14% | $1.5M | $1.5M |
| 5 | Busey Bank | 1 | 14% | $1.3M | $1.3M |
| 6 | The Huntington National Bank | 1 | 14% | $150K | $150K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Florida | 2 | $1.6M | $3.2M |
| Washington | 2 | $310K | $620K |
| Missouri | 1 | $4.5M | $4.5M |
| Illinois | 1 | $1.3M | $1.3M |
| Ohio | 1 | $150K | $150K |