Rubber and Plastics Hoses and Belting Manufacturing: SBA acquisition lenders
6 SBA 7(a) loans financed acquisitions classified as Rubber and Plastics Hoses and Belting Manufacturing nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 6
- Total approved
- $4.5M
- Median loan
- $635K
- Middle half of loans
- $212K to $1.3M
- Median starting rate
- 8.25%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 2 | 33% | $894K | $1.8M |
| 2 | Tompkins Community Bank | 2 | 33% | $775K | $1.6M |
| 3 | Rockland Trust Company | 2 | 33% | $560K | $1.1M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| New York | 3 | $1.4M | $3.1M |
| Massachusetts | 2 | $560K | $1.1M |
| New Jersey | 1 | $250K | $250K |