Other Measuring and Controlling Device Manufacturing: SBA acquisition lenders
9 SBA 7(a) loans financed acquisitions classified as Other Measuring and Controlling Device Manufacturing nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 9
- Total approved
- $6.8M
- Median loan
- $500K
- Middle half of loans
- $384K to $1.3M
- 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 | First Commonwealth Bank | 2 | 22% | $1.1M | $2.1M |
| 2 | The Huntington National Bank | 2 | 22% | $944K | $1.9M |
| 3 | Salem Five Cents Savings Bank | 2 | 22% | $319K | $638K |
| 4 | VelocitySBA, LLC | 1 | 11% | $1.3M | $1.3M |
| 5 | BayFirst National Bank | 1 | 11% | $508K | $508K |
| 6 | Mercantile Bank | 1 | 11% | $384K | $384K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Pennsylvania | 2 | $1.1M | $2.1M |
| Ohio | 2 | $944K | $1.9M |
| Massachusetts | 2 | $319K | $638K |
| Florida | 1 | $1.3M | $1.3M |
| New Hampshire | 1 | $508K | $508K |
| Michigan | 1 | $384K | $384K |