Sporting Goods Retailers: SBA acquisition lenders
105 recorded SBA 7(a) acquisition approvals for Sporting Goods Retailers, FY2024–FY2026. Median approved loan: $400K. See lenders and activity by state.
- Acquisitions financed
- 105
- Total approved
- $71.2M
- Median loan
- $400K
- Middle half of loans
- $222K to $842K
- 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 | 16 | 15% | $188K | $6.0M |
| 2 | Union Bank and Trust Company | 4 | 4% | $270K | $1.3M |
| 3 | Live Oak Banking Company | 3 | 3% | $500K | $5.3M |
| 4 | Pathward National Association | 2 | 2% | $2.2M | $4.4M |
| 5 | Beacon Bank and Trust | 2 | 2% | $1.6M | $3.1M |
| 6 | Old National Bank | 2 | 2% | $1.1M | $2.3M |
| 7 | Midwest BankCentre | 2 | 2% | $992K | $2.0M |
| 8 | Idaho Central CU | 2 | 2% | $875K | $1.8M |
| 9 | Armstrong Bank | 2 | 2% | $871K | $1.7M |
| 10 | First Bank | 2 | 2% | $665K | $1.3M |
| 11 | Celtic Bank Corporation | 2 | 2% | $650K | $1.3M |
| 12 | Banner Bank | 2 | 2% | $608K | $1.2M |
| 13 | Drake Bank | 2 | 2% | $579K | $1.2M |
| 14 | Peoples Bank | 2 | 2% | $475K | $950K |
| 15 | National Bank of Commerce | 2 | 2% | $433K | $866K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Michigan | 8 | $130K | $3.6M |
| California | 8 | $348K | $2.6M |
| Wisconsin | 7 | $253K | $3.7M |
| Minnesota | 6 | $372K | $4.7M |
| Washington | 5 | $405K | $3.1M |
| Florida | 5 | $632K | $2.5M |
| Nebraska | 5 | $270K | $1.9M |
| Ohio | 5 | $222K | $1.7M |
| Colorado | 4 | $1.4M | $5.5M |
| North Carolina | 4 | $910K | $5.1M |
| Missouri | 4 | $778K | $3.5M |
| Pennsylvania | 4 | $533K | $1.9M |
| South Carolina | 4 | $496K | $1.6M |
| Alabama | 3 | $2.6M | $7.6M |
| Oregon | 3 | $260K | $1.5M |
| Kentucky | 3 | $240K | $815K |
| Montana | 2 | $1.8M | $3.6M |
| New York | 2 | $1.7M | $3.5M |
| Georgia | 2 | $1.4M | $2.8M |
| New Jersey | 2 | $908K | $1.8M |
| Oklahoma | 2 | $871K | $1.7M |
| Utah | 2 | $828K | $1.7M |
| Massachusetts | 2 | $449K | $898K |
| Nevada | 2 | $306K | $612K |
| Vermont | 2 | $204K | $408K |
| Arkansas | 1 | $500K | $500K |
| Indiana | 1 | $465K | $465K |
| Delaware | 1 | $440K | $440K |
| Illinois | 1 | $410K | $410K |
| New Mexico | 1 | $410K | $410K |
| New Hampshire | 1 | $330K | $330K |
| Kansas | 1 | $299K | $299K |
| Hawaii | 1 | $100K | $100K |
| Connecticut | 1 | $50K | $50K |