Other Construction Material Merchant Wholesalers: SBA acquisition lenders
17 recorded SBA 7(a) acquisition approvals for Other Construction Material Merchant Wholesalers, FY2024–FY2026. Median approved loan: $1.2M. See lenders and activity by state.
- Acquisitions financed
- 17
- Total approved
- $28.2M
- Median loan
- $1.2M
- Middle half of loans
- $400K to $3.1M
- 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 | 4 | 24% | $1.4M | $7.5M |
| 2 | First Internet Bank of Indiana | 2 | 12% | $2.3M | $4.5M |
| 3 | Fulton Bank, National Association | 2 | 12% | $1.8M | $3.6M |
| 4 | The Huntington National Bank | 2 | 12% | $1.7M | $3.4M |
| 5 | Manufacturers and Traders Trust Company | 1 | 6% | $3.7M | $3.7M |
| 6 | Frandsen Bank and Trust | 1 | 6% | $1.6M | $1.6M |
| 7 | Millennial Bank | 1 | 6% | $1.4M | $1.4M |
| 8 | Beacon Bank and Trust | 1 | 6% | $1.2M | $1.2M |
| 9 | Midwest BankCentre | 1 | 6% | $690K | $690K |
| 10 | Tompkins Community Bank | 1 | 6% | $400K | $400K |
| 11 | Farmers and Merchants Savings Bank | 1 | 6% | $150K | $150K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Florida | 6 | $1.4M | $12.0M |
| New York | 2 | $2.1M | $4.1M |
| Georgia | 2 | $1.8M | $3.6M |
| Washington | 2 | $1.7M | $3.4M |
| Minnesota | 2 | $887K | $1.8M |
| Alabama | 1 | $1.4M | $1.4M |
| North Carolina | 1 | $1.2M | $1.2M |
| Missouri | 1 | $690K | $690K |