Optical Goods Retailers: SBA acquisition lenders
10 recorded SBA 7(a) acquisition approvals for Optical Goods Retailers, FY2024–FY2026. Median approved loan: $1.5M. See lenders and activity by state.
- Acquisitions financed
- 10
- Total approved
- $17.5M
- Median loan
- $1.5M
- Middle half of loans
- $351K to $2.7M
- Median starting rate
- 8.75%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Old National Bank | 2 | 20% | $2.5M | $5.0M |
| 2 | First Internet Bank of Indiana | 2 | 20% | $1.4M | $2.8M |
| 3 | Colony Bank | 1 | 10% | $3.1M | $3.1M |
| 4 | Ocean Bank | 1 | 10% | $2.8M | $2.8M |
| 5 | First Merchants Bank | 1 | 10% | $2.3M | $2.3M |
| 6 | United Community Bank | 1 | 10% | $655K | $655K |
| 7 | Live Oak Banking Company | 1 | 10% | $600K | $600K |
| 8 | Dime Commercial Bank | 1 | 10% | $268K | $268K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Florida | 5 | $655K | $6.8M |
| Wisconsin | 2 | $2.5M | $5.0M |
| Illinois | 1 | $3.1M | $3.1M |
| Pennsylvania | 1 | $2.3M | $2.3M |
| New York | 1 | $268K | $268K |