Other Grocery and Related Products Merchant Wholesalers: SBA acquisition lenders
27 recorded SBA 7(a) acquisition approvals for Other Grocery and Related Products Merchant Wholesalers, FY2024–FY2026. Median approved loan: $715K. See lenders and activity by state.
- Acquisitions financed
- 27
- Total approved
- $39.9M
- Median loan
- $715K
- Middle half of loans
- $300K to $1.9M
- Median starting rate
- 9.75%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7 | 26% | $363K | $10.8M |
| 2 | First Internet Bank of Indiana | 2 | 7% | $1.1M | $2.2M |
| 3 | Associated Bank National Association | 2 | 7% | $1.0M | $2.0M |
| 4 | United Community Bank | 2 | 7% | $230K | $460K |
| 5 | Live Oak Banking Company | 1 | 4% | $4.8M | $4.8M |
| 6 | California Bank of Commerce, NA | 1 | 4% | $4.5M | $4.5M |
| 7 | Heritage Bank | 1 | 4% | $3.8M | $3.8M |
| 8 | Commencement Bank | 1 | 4% | $3.6M | $3.6M |
| 9 | Cape and Coast Bank | 1 | 4% | $1.3M | $1.3M |
| 10 | Meridian Bank | 1 | 4% | $1.3M | $1.3M |
| 11 | The Bancorp Bank National Association | 1 | 4% | $1.1M | $1.1M |
| 12 | KeyBank National Association | 1 | 4% | $1.0M | $1.0M |
| 13 | Byline Bank | 1 | 4% | $1.0M | $1.0M |
| 14 | Readycap Lending, LLC | 1 | 4% | $715K | $715K |
| 15 | Busey Bank | 1 | 4% | $396K | $396K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Washington | 5 | $1.0M | $9.1M |
| California | 5 | $1.0M | $8.3M |
| Illinois | 3 | $363K | $4.9M |
| Florida | 3 | $715K | $2.2M |
| Pennsylvania | 2 | $2.6M | $5.3M |
| New Hampshire | 2 | $2.4M | $4.8M |
| Minnesota | 2 | $1.0M | $2.0M |
| Georgia | 2 | $230K | $460K |
| Massachusetts | 1 | $1.3M | $1.3M |
| Connecticut | 1 | $1.1M | $1.1M |
| Colorado | 1 | $396K | $396K |