Reupholstery and Furniture Repair: SBA acquisition lenders
12 SBA 7(a) loans financed acquisitions classified as Reupholstery and Furniture Repair nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 12
- Total approved
- $10.1M
- Median loan
- $464K
- Middle half of loans
- $180K to $1.1M
- 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 | 6 | 50% | $364K | $4.3M |
| 2 | Washington Trust Bank | 1 | 8% | $3.1M | $3.1M |
| 3 | Wilmington Savings Fund Society FSB | 1 | 8% | $1.1M | $1.1M |
| 4 | U.S. Bank, National Association | 1 | 8% | $764K | $764K |
| 5 | Eclipse Bank Inc | 1 | 8% | $400K | $400K |
| 6 | OMB Bank | 1 | 8% | $225K | $225K |
| 7 | The Huntington National Bank | 1 | 8% | $122K | $122K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 3 | $764K | $1.9M |
| Florida | 2 | $1.3M | $2.6M |
| Texas | 2 | $288K | $577K |
| Washington | 1 | $3.1M | $3.1M |
| New Jersey | 1 | $1.1M | $1.1M |
| Ohio | 1 | $400K | $400K |
| Missouri | 1 | $225K | $225K |
| Colorado | 1 | $122K | $122K |