Iron and Steel Pipe and Tube Manufacturing from Purchased Steel: SBA acquisition lenders
7 SBA 7(a) loans financed acquisitions classified as Iron and Steel Pipe and Tube Manufacturing from Purchased Steel nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 7
- Total approved
- $11.9M
- Median loan
- $1.0M
- Middle half of loans
- $486K to $2.8M
- Median starting rate
- 8.25%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Town Bank, National Association | 2 | 29% | $1.9M | $3.8M |
| 2 | The Huntington National Bank | 2 | 29% | $1.5M | $2.9M |
| 3 | American National Bank-Fox Cities | 2 | 29% | $461K | $922K |
| 4 | Leader Bank, National Association | 1 | 14% | $4.2M | $4.2M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Wisconsin | 4 | $886K | $4.7M |
| Ohio | 2 | $1.5M | $2.9M |
| Massachusetts | 1 | $4.2M | $4.2M |