Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers: SBA acquisition lenders
13 recorded SBA 7(a) acquisition approvals for Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers, FY2024–FY2026. Median approved loan: $550K. See lenders and activity by state.
- Acquisitions financed
- 13
- Total approved
- $17.4M
- Median loan
- $550K
- Middle half of loans
- $250K to $2.4M
- 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 | 2 | 15% | $2.4M | $4.8M |
| 2 | The Huntington National Bank | 2 | 15% | $1.3M | $2.7M |
| 3 | Manufacturers and Traders Trust Company | 2 | 15% | $159K | $318K |
| 4 | Associated Bank National Association | 1 | 8% | $4.4M | $4.4M |
| 5 | FWBank | 1 | 8% | $2.7M | $2.7M |
| 6 | Academy Bank National Association | 1 | 8% | $760K | $760K |
| 7 | Kendall Bank | 1 | 8% | $568K | $568K |
| 8 | Newtek Bank, National Association | 1 | 8% | $550K | $550K |
| 9 | SouthState Bank, National Association | 1 | 8% | $279K | $279K |
| 10 | Beverly Bank & Trust Company, National Association | 1 | 8% | $228K | $228K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 3 | $550K | $5.4M |
| Washington | 2 | $1.3M | $2.7M |
| Connecticut | 2 | $159K | $318K |
| Wisconsin | 1 | $4.4M | $4.4M |
| Texas | 1 | $2.7M | $2.7M |
| Missouri | 1 | $760K | $760K |
| Kansas | 1 | $568K | $568K |
| Georgia | 1 | $279K | $279K |
| Illinois | 1 | $228K | $228K |