Site Preparation Contractors: SBA acquisition lenders
65 recorded SBA 7(a) acquisition approvals for Site Preparation Contractors, FY2024–FY2026. Median approved loan: $1.2M. See lenders and activity by state.
- Acquisitions financed
- 65
- Total approved
- $94.6M
- Median loan
- $1.2M
- Middle half of loans
- $445K to $1.9M
- 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 | The Huntington National Bank | 7 | 11% | $1.8M | $12.6M |
| 2 | T Bank, National Association | 4 | 6% | $1.5M | $6.9M |
| 3 | Old National Bank | 4 | 6% | $960K | $4.1M |
| 4 | Pathward National Association | 3 | 5% | $2.7M | $6.9M |
| 5 | First-Citizens Bank & Trust Company | 2 | 3% | $3.0M | $6.1M |
| 6 | Fulton Bank, National Association | 2 | 3% | $2.1M | $4.2M |
| 7 | Heritage Bank | 2 | 3% | $1.7M | $3.5M |
| 8 | First Internet Bank of Indiana | 2 | 3% | $1.3M | $2.7M |
| 9 | Rockland Trust Company | 2 | 3% | $942K | $1.9M |
| 10 | Live Oak Banking Company | 2 | 3% | $868K | $1.7M |
| 11 | Bank of Clarke | 2 | 3% | $678K | $1.4M |
| 12 | Bank of Springfield | 2 | 3% | $382K | $765K |
| 13 | WesBanco Bank, Inc. | 2 | 3% | $102K | $205K |
| 14 | Western Alliance Bank | 1 | 2% | $5.0M | $5.0M |
| 15 | Community Banks of Colorado, A Division of NBH Bank | 1 | 2% | $5.0M | $5.0M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Colorado | 8 | $1.5M | $11.7M |
| Pennsylvania | 5 | $2.8M | $11.2M |
| Texas | 4 | $2.1M | $7.4M |
| New York | 4 | $992K | $5.1M |
| Missouri | 4 | $960K | $3.8M |
| Washington | 3 | $1.2M | $3.1M |
| Ohio | 3 | $180K | $2.0M |
| Idaho | 2 | $3.2M | $6.4M |
| Florida | 2 | $2.1M | $4.3M |
| Oregon | 2 | $1.7M | $3.5M |
| New Jersey | 2 | $1.6M | $3.3M |
| Arkansas | 2 | $1.3M | $2.7M |
| Michigan | 2 | $1.1M | $2.2M |
| Connecticut | 2 | $1.1M | $2.1M |
| Wisconsin | 2 | $1.0M | $2.1M |
| Massachusetts | 2 | $942K | $1.9M |
| Virginia | 2 | $678K | $1.4M |
| Georgia | 2 | $658K | $1.3M |
| Illinois | 2 | $382K | $765K |
| Nevada | 1 | $5.0M | $5.0M |
| South Carolina | 1 | $5.0M | $5.0M |
| Arizona | 1 | $1.8M | $1.8M |
| California | 1 | $1.7M | $1.7M |
| Kansas | 1 | $1.2M | $1.2M |
| Utah | 1 | $1.1M | $1.1M |
| North Dakota | 1 | $766K | $766K |
| Montana | 1 | $648K | $648K |
| Indiana | 1 | $600K | $600K |
| Maryland | 1 | $587K | $587K |