Ice Cream and Frozen Dessert Manufacturing: SBA acquisition lenders
6 SBA 7(a) loans financed acquisitions classified as Ice Cream and Frozen Dessert Manufacturing nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 6
- Total approved
- $5.0M
- Median loan
- $310K
- Middle half of loans
- $262K to $362K
- Median starting rate
- 9.32%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | VelocitySBA, LLC | 1 | 17% | $3.6M | $3.6M |
| 2 | Machias Savings Bank | 1 | 17% | $375K | $375K |
| 3 | Manufacturers and Traders Trust Company | 1 | 17% | $325K | $325K |
| 4 | Saco and Biddeford Savings Institution | 1 | 17% | $296K | $296K |
| 5 | Zions Bancorporation, National Association | 1 | 17% | $250K | $250K |
| 6 | BayFirst National Bank | 1 | 17% | $100K | $100K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Maine | 2 | $336K | $671K |
| Colorado | 1 | $3.6M | $3.6M |
| New York | 1 | $325K | $325K |
| Utah | 1 | $250K | $250K |
| Florida | 1 | $100K | $100K |