Nail Salons: SBA acquisition lenders
58 SBA 7(a) loans financed acquisitions classified as Nail Salons nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 58
- Total approved
- $41.6M
- Median loan
- $470K
- Middle half of loans
- $278K to $838K
- 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 | The Huntington National Bank | 5 | 9% | $229K | $1.1M |
| 2 | New Millennium Bank | 4 | 7% | $390K | $1.6M |
| 3 | Byline Bank | 3 | 5% | $850K | $2.8M |
| 4 | Truliant FCU | 2 | 3% | $1.7M | $3.4M |
| 5 | Readycap Lending, LLC | 2 | 3% | $785K | $1.6M |
| 6 | VelocitySBA, LLC | 2 | 3% | $680K | $1.4M |
| 7 | First Business Bank | 2 | 3% | $380K | $761K |
| 8 | Old National Bank | 2 | 3% | $330K | $660K |
| 9 | Commonwealth Business Bank | 2 | 3% | $228K | $455K |
| 10 | Newtek Bank, National Association | 2 | 3% | $205K | $410K |
| 11 | Fulton Bank, National Association | 1 | 2% | $3.9M | $3.9M |
| 12 | FWBank | 1 | 2% | $3.5M | $3.5M |
| 13 | Live Oak Banking Company | 1 | 2% | $2.8M | $2.8M |
| 14 | Black Hills FCU | 1 | 2% | $2.1M | $2.1M |
| 15 | TowneBank | 1 | 2% | $1.4M | $1.4M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Texas | 18 | $830K | $21.5M |
| New Jersey | 7 | $320K | $3.7M |
| Arizona | 6 | $779K | $5.9M |
| California | 3 | $654K | $1.5M |
| New York | 3 | $330K | $1.1M |
| Colorado | 3 | $207K | $620K |
| Oklahoma | 2 | $682K | $1.4M |
| Missouri | 2 | $330K | $660K |
| Florida | 2 | $271K | $542K |
| South Carolina | 2 | $232K | $465K |
| Kentucky | 2 | $169K | $338K |
| South Dakota | 1 | $2.1M | $2.1M |
| North Carolina | 1 | $486K | $486K |
| Maryland | 1 | $365K | $365K |
| Arkansas | 1 | $320K | $320K |
| Georgia | 1 | $270K | $270K |
| Illinois | 1 | $229K | $229K |
| Ohio | 1 | $150K | $150K |
| Kansas | 1 | $50K | $50K |