Other Support Activities for Road Transportation: SBA acquisition lenders
10 SBA 7(a) loans financed acquisitions classified as Other Support Activities for Road Transportation nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 10
- Total approved
- $13.7M
- Median loan
- $622K
- Middle half of loans
- $359K to $1.9M
- Median starting rate
- 9.25%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Company | 2 | 20% | $282K | $565K |
| 2 | The Huntington National Bank | 2 | 20% | $206K | $412K |
| 3 | TD Bank, National Association | 1 | 10% | $4.5M | $4.5M |
| 4 | Byline Bank | 1 | 10% | $3.5M | $3.5M |
| 5 | First-Citizens Bank & Trust Company | 1 | 10% | $2.1M | $2.1M |
| 6 | Mountain Pacific Bank | 1 | 10% | $1.4M | $1.4M |
| 7 | TruNorth Bank | 1 | 10% | $703K | $703K |
| 8 | Highland Bank | 1 | 10% | $500K | $500K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Maryland | 2 | $282K | $565K |
| Ohio | 2 | $206K | $412K |
| Florida | 1 | $4.5M | $4.5M |
| Texas | 1 | $3.5M | $3.5M |
| Georgia | 1 | $2.1M | $2.1M |
| Alaska | 1 | $1.4M | $1.4M |
| Massachusetts | 1 | $703K | $703K |
| Minnesota | 1 | $500K | $500K |