Sports Teams and Clubs: SBA acquisition lenders
6 SBA 7(a) loans financed acquisitions classified as Sports Teams and Clubs nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 6
- Total approved
- $5.1M
- Median loan
- $315K
- Middle half of loans
- $232K to $404K
- Median starting rate
- 9.25%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 2 | 33% | $175K | $350K |
| 2 | Old National Bank | 1 | 17% | $3.8M | $3.8M |
| 3 | Regions Bank | 1 | 17% | $428K | $428K |
| 4 | The Bancorp Bank National Association | 1 | 17% | $330K | $330K |
| 5 | Byline Bank | 1 | 17% | $210K | $210K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Illinois | 2 | $2.0M | $4.0M |
| Texas | 2 | $175K | $350K |
| Tennessee | 1 | $428K | $428K |
| Michigan | 1 | $330K | $330K |