Sporting and Recreational Goods and Supplies Merchant Wholesalers: SBA acquisition lenders
25 SBA 7(a) loans financed acquisitions classified as Sporting and Recreational Goods and Supplies Merchant Wholesalers nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 25
- Total approved
- $23.8M
- Median loan
- $594K
- Middle half of loans
- $135K to $1.5M
- 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 | First National Bank & Trust Co | 2 | 8% | $1.7M | $3.4M |
| 2 | Live Oak Banking Company | 2 | 8% | $868K | $1.7M |
| 3 | Customers Bank | 2 | 8% | $500K | $1.0M |
| 4 | American Momentum Bank | 2 | 8% | $346K | $692K |
| 5 | The Huntington National Bank | 2 | 8% | $322K | $644K |
| 6 | Valley National Bank | 1 | 4% | $4.5M | $4.5M |
| 7 | Bankwell Bank | 1 | 4% | $2.8M | $2.8M |
| 8 | Beacon Bank and Trust | 1 | 4% | $2.0M | $2.0M |
| 9 | Paragon Bank | 1 | 4% | $1.7M | $1.7M |
| 10 | Peapack Private Bank and Trust | 1 | 4% | $1.5M | $1.5M |
| 11 | Gulf Coast Bank and Trust Company | 1 | 4% | $1.0M | $1.0M |
| 12 | TowneBank | 1 | 4% | $845K | $845K |
| 13 | UMB Bank, National Association | 1 | 4% | $639K | $639K |
| 14 | Minnwest Bank | 1 | 4% | $551K | $551K |
| 15 | BayFirst National Bank | 1 | 4% | $202K | $202K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Pennsylvania | 4 | $500K | $1.6M |
| Michigan | 3 | $900K | $3.5M |
| Texas | 2 | $2.4M | $4.8M |
| California | 2 | $868K | $1.7M |
| North Carolina | 2 | $518K | $1.0M |
| Louisiana | 2 | $346K | $692K |
| Alabama | 1 | $4.5M | $4.5M |
| Georgia | 1 | $1.7M | $1.7M |
| New Jersey | 1 | $1.5M | $1.5M |
| Utah | 1 | $1.0M | $1.0M |
| Arizona | 1 | $639K | $639K |
| South Dakota | 1 | $551K | $551K |
| Florida | 1 | $202K | $202K |
| Iowa | 1 | $135K | $135K |
| Missouri | 1 | $130K | $130K |
| Indiana | 1 | $66K | $66K |