Motorcycle, ATV, and All Other Motor Vehicle Dealers: SBA acquisition lenders
28 recorded SBA 7(a) acquisition approvals for Motorcycle, ATV, and All Other Motor Vehicle Dealers, FY2024–FY2026. Median approved loan: $719K. See lenders and activity by state.
- Acquisitions financed
- 28
- Total approved
- $41.7M
- Median loan
- $719K
- Middle half of loans
- $323K to $2.6M
- 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 | Northwest Bank | 4 | 14% | $318K | $1.3M |
| 2 | Beacon Bank and Trust | 3 | 11% | $3.7M | $10.3M |
| 3 | First Internet Bank of Indiana | 2 | 7% | $1.9M | $3.7M |
| 4 | The Huntington National Bank | 2 | 7% | $1.6M | $3.2M |
| 5 | Three Rivers Bank of Montana | 2 | 7% | $179K | $358K |
| 6 | WaFd Bank | 2 | 7% | $178K | $356K |
| 7 | Wallis Bank | 1 | 4% | $4.4M | $4.4M |
| 8 | Farmers & Merchants Bank & Trust | 1 | 4% | $3.6M | $3.6M |
| 9 | Stock Yards Bank & Trust Company | 1 | 4% | $3.6M | $3.6M |
| 10 | State Bank Financial | 1 | 4% | $2.4M | $2.4M |
| 11 | Ascent Bank | 1 | 4% | $1.8M | $1.8M |
| 12 | Wilson Bank & Trust | 1 | 4% | $1.8M | $1.8M |
| 13 | VelocitySBA, LLC | 1 | 4% | $1.3M | $1.3M |
| 14 | T Bank, National Association | 1 | 4% | $1.3M | $1.3M |
| 15 | North State Bank | 1 | 4% | $903K | $903K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Utah | 4 | $318K | $1.3M |
| Colorado | 3 | $1.3M | $6.4M |
| Montana | 3 | $328K | $2.2M |
| Georgia | 2 | $4.0M | $8.0M |
| Wisconsin | 2 | $3.0M | $6.0M |
| Wyoming | 2 | $1.9M | $3.7M |
| Ohio | 2 | $1.6M | $3.2M |
| Florida | 2 | $609K | $1.2M |
| Washington | 2 | $178K | $356K |
| North Carolina | 1 | $5.0M | $5.0M |
| Tennessee | 1 | $1.8M | $1.8M |
| New Hampshire | 1 | $1.6M | $1.6M |
| Texas | 1 | $450K | $450K |
| Michigan | 1 | $350K | $350K |
| Arizona | 1 | $326K | $326K |