Precision Turned Product Manufacturing: SBA acquisition lenders
14 recorded SBA 7(a) acquisition approvals for Precision Turned Product Manufacturing, FY2024–FY2026. Median approved loan: $1.7M. See lenders and activity by state.
- Acquisitions financed
- 14
- Total approved
- $27.4M
- Median loan
- $1.7M
- Middle half of loans
- $411K to $3.5M
- Median starting rate
- 9.50%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Midland States Bank | 2 | 14% | $2.3M | $4.5M |
| 2 | Manufacturers and Traders Trust Company | 2 | 14% | $241K | $482K |
| 3 | Wallis Bank | 1 | 7% | $4.6M | $4.6M |
| 4 | American Pride Bank | 1 | 7% | $4.5M | $4.5M |
| 5 | Pathward National Association | 1 | 7% | $3.9M | $3.9M |
| 6 | West Coast Community Bank | 1 | 7% | $2.5M | $2.5M |
| 7 | Lake City Bank | 1 | 7% | $2.0M | $2.0M |
| 8 | PlainsCapital Bank | 1 | 7% | $1.8M | $1.8M |
| 9 | Zions Bancorporation, National Association | 1 | 7% | $1.7M | $1.7M |
| 10 | 22nd State Bank, A Division of 22nd State Banking Company | 1 | 7% | $1.1M | $1.1M |
| 11 | Summit CU | 1 | 7% | $200K | $200K |
| 12 | First Bank of the Lake | 1 | 7% | $198K | $198K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Texas | 3 | $1.8M | $7.5M |
| Illinois | 2 | $2.3M | $4.5M |
| Connecticut | 2 | $241K | $482K |
| North Carolina | 1 | $4.5M | $4.5M |
| Massachusetts | 1 | $3.9M | $3.9M |
| California | 1 | $2.5M | $2.5M |
| Indiana | 1 | $2.0M | $2.0M |
| Utah | 1 | $1.7M | $1.7M |
| Wisconsin | 1 | $200K | $200K |
| Georgia | 1 | $198K | $198K |