Other Technical and Trade Schools: SBA acquisition lenders
11 SBA 7(a) loans financed acquisitions classified as Other Technical and Trade Schools nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 11
- Total approved
- $18.7M
- Median loan
- $1.7M
- Middle half of loans
- $562K to $2.2M
- 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 | Live Oak Banking Company | 2 | 18% | $1.6M | $3.1M |
| 2 | The Huntington National Bank | 2 | 18% | $1.1M | $2.1M |
| 3 | First Utah Bank | 1 | 9% | $5.0M | $5.0M |
| 4 | United Community Bank | 1 | 9% | $3.1M | $3.1M |
| 5 | Core Bank | 1 | 9% | $1.9M | $1.9M |
| 6 | TruNorth Bank | 1 | 9% | $1.7M | $1.7M |
| 7 | Newtek Bank, National Association | 1 | 9% | $765K | $765K |
| 8 | The Freedom Bank of Virginia | 1 | 9% | $500K | $500K |
| 9 | Citizens Bank | 1 | 9% | $491K | $491K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Florida | 2 | $1.6M | $3.1M |
| Massachusetts | 2 | $1.2M | $2.4M |
| Alabama | 2 | $1.1M | $2.1M |
| Utah | 1 | $5.0M | $5.0M |
| Tennessee | 1 | $3.1M | $3.1M |
| Nebraska | 1 | $1.9M | $1.9M |
| Virginia | 1 | $500K | $500K |
| California | 1 | $491K | $491K |