Nonresidential Property Managers: SBA acquisition lenders
9 recorded SBA 7(a) acquisition approvals for Nonresidential Property Managers, FY2024–FY2026. Median approved loan: $995K. See lenders and activity by state.
- Acquisitions financed
- 9
- Total approved
- $8.7M
- Median loan
- $995K
- Middle half of loans
- $636K to $1.3M
- Median starting rate
- 9.00%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 2 | 22% | $698K | $1.4M |
| 2 | Encore Bank | 1 | 11% | $1.7M | $1.7M |
| 3 | KeyBank National Association | 1 | 11% | $1.5M | $1.5M |
| 4 | Locality Bank | 1 | 11% | $1.2M | $1.2M |
| 5 | North State Bank | 1 | 11% | $995K | $995K |
| 6 | U.S. Bank, National Association | 1 | 11% | $920K | $920K |
| 7 | Commercial Bank of California | 1 | 11% | $636K | $636K |
| 8 | Hinsdale Bank & Trust Company, National Association | 1 | 11% | $350K | $350K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Florida | 5 | $1.2M | $5.3M |
| California | 2 | $778K | $1.6M |
| Colorado | 1 | $1.5M | $1.5M |
| Illinois | 1 | $350K | $350K |