Recyclable Material Merchant Wholesalers: SBA acquisition lenders
10 recorded SBA 7(a) acquisition approvals for Recyclable Material Merchant Wholesalers, FY2024–FY2026. Median approved loan: $1.6M. See lenders and activity by state.
- Acquisitions financed
- 10
- Total approved
- $19.0M
- Median loan
- $1.6M
- Middle half of loans
- $695K to $2.7M
- 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 | 20% | $2.1M | $4.1M |
| 2 | Merchants Bank of Indiana | 2 | 20% | $853K | $1.7M |
| 3 | KeyBank National Association | 1 | 10% | $5.0M | $5.0M |
| 4 | First Federal Bank | 1 | 10% | $3.4M | $3.4M |
| 5 | The Huntington National Bank | 1 | 10% | $2.7M | $2.7M |
| 6 | TowneBank | 1 | 10% | $1.3M | $1.3M |
| 7 | Peoples National Bank National Association | 1 | 10% | $500K | $500K |
| 8 | Citizens Bank | 1 | 10% | $283K | $283K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| New York | 3 | $1.5M | $3.3M |
| Oregon | 1 | $5.0M | $5.0M |
| Florida | 1 | $3.4M | $3.4M |
| Alabama | 1 | $2.7M | $2.7M |
| California | 1 | $2.5M | $2.5M |
| South Carolina | 1 | $1.3M | $1.3M |
| Missouri | 1 | $500K | $500K |
| Wisconsin | 1 | $283K | $283K |