Motor Vehicle Supplies and New Parts Merchant Wholesalers: SBA acquisition lenders
17 SBA 7(a) loans financed acquisitions classified as Motor Vehicle Supplies and New Parts Merchant Wholesalers nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 17
- Total approved
- $23.4M
- Median loan
- $733K
- Middle half of loans
- $428K to $2.4M
- 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 | The Huntington National Bank | 5 | 29% | $858K | $6.0M |
| 2 | Manufacturers and Traders Trust Company | 4 | 24% | $325K | $1.5M |
| 3 | Fifth Third Bank | 1 | 6% | $5.0M | $5.0M |
| 4 | Byline Bank | 1 | 6% | $4.3M | $4.3M |
| 5 | Beacon Bank and Trust | 1 | 6% | $2.9M | $2.9M |
| 6 | Gulf Coast Bank and Trust Company | 1 | 6% | $1.2M | $1.2M |
| 7 | Midwest Regional Bank | 1 | 6% | $900K | $900K |
| 8 | Port 51 Lending LLC | 1 | 6% | $733K | $733K |
| 9 | Associated Bank National Association | 1 | 6% | $486K | $486K |
| 10 | U.S. Bank, National Association | 1 | 6% | $428K | $428K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Florida | 4 | $1.6M | $6.4M |
| New York | 4 | $325K | $1.5M |
| California | 2 | $643K | $1.3M |
| Nebraska | 2 | $202K | $404K |
| Oregon | 1 | $5.0M | $5.0M |
| Massachusetts | 1 | $4.3M | $4.3M |
| Virginia | 1 | $2.9M | $2.9M |
| Kansas | 1 | $1.2M | $1.2M |
| Minnesota | 1 | $486K | $486K |