Locksmiths: SBA acquisition lenders
13 recorded SBA 7(a) acquisition approvals for Locksmiths, FY2024–FY2026. Median approved loan: $315K. See lenders and activity by state.
- Acquisitions financed
- 13
- Total approved
- $6.0M
- Median loan
- $315K
- Middle half of loans
- $227K to $500K
- Median starting rate
- 10.00%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Rockland Trust Company | 2 | 15% | $560K | $1.1M |
| 2 | Gesa CU | 2 | 15% | $485K | $970K |
| 3 | First Resource Bank | 1 | 8% | $1.3M | $1.3M |
| 4 | The Huntington National Bank | 1 | 8% | $500K | $500K |
| 5 | Climate First Bank | 1 | 8% | $450K | $450K |
| 6 | The Bank of Clovis | 1 | 8% | $400K | $400K |
| 7 | Peoples Security Bank and Trust Company | 1 | 8% | $315K | $315K |
| 8 | Haddon Savings Bank | 1 | 8% | $276K | $276K |
| 9 | Truliant FCU | 1 | 8% | $250K | $250K |
| 10 | Colony Bank | 1 | 8% | $227K | $227K |
| 11 | CDC Small Business Finance Corp. | 1 | 8% | $180K | $180K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Washington | 3 | $180K | $1.1M |
| New Hampshire | 2 | $560K | $1.1M |
| Texas | 2 | $364K | $727K |
| Minnesota | 1 | $1.3M | $1.3M |
| Florida | 1 | $450K | $450K |
| New Mexico | 1 | $400K | $400K |
| Pennsylvania | 1 | $315K | $315K |
| New Jersey | 1 | $276K | $276K |
| Massachusetts | 1 | $250K | $250K |