Sheet Metal Work Manufacturing: SBA acquisition lenders
15 recorded SBA 7(a) acquisition approvals for Sheet Metal Work Manufacturing, FY2024–FY2026. Median approved loan: $1.5M. See lenders and activity by state.
- Acquisitions financed
- 15
- Total approved
- $28.5M
- Median loan
- $1.5M
- Middle half of loans
- $795K to $2.9M
- Median starting rate
- 8.00%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Fulton Bank, National Association | 2 | 13% | $2.6M | $5.1M |
| 2 | SouthState Bank, National Association | 2 | 13% | $1.0M | $2.0M |
| 3 | The Canandaigua National Bank and Trust Company | 2 | 13% | $679K | $1.4M |
| 4 | Heritage Bank | 1 | 7% | $5.0M | $5.0M |
| 5 | Bank First, N.A. | 1 | 7% | $3.8M | $3.8M |
| 6 | First Community Bank | 1 | 7% | $3.8M | $3.8M |
| 7 | Fifth Third Bank | 1 | 7% | $1.7M | $1.7M |
| 8 | Readycap Lending, LLC | 1 | 7% | $1.6M | $1.6M |
| 9 | The Huntington National Bank | 1 | 7% | $1.5M | $1.5M |
| 10 | Beacon Bank and Trust | 1 | 7% | $1.0M | $1.0M |
| 11 | Zions Bancorporation, National Association | 1 | 7% | $920K | $920K |
| 12 | Choice Financial Group | 1 | 7% | $670K | $670K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| New York | 4 | $773K | $6.5M |
| Georgia | 3 | $1.9M | $5.8M |
| Washington | 1 | $5.0M | $5.0M |
| Wisconsin | 1 | $3.8M | $3.8M |
| Texas | 1 | $1.7M | $1.7M |
| California | 1 | $1.6M | $1.6M |
| Maryland | 1 | $1.5M | $1.5M |
| Alabama | 1 | $1.0M | $1.0M |
| Utah | 1 | $920K | $920K |
| Minnesota | 1 | $670K | $670K |