Supermarkets and Other Grocery Retailers (except Convenience Retailers): SBA acquisition lenders
180 recorded SBA 7(a) acquisition approvals for Supermarkets and Other Grocery Retailers (except Convenience Retailers), FY2024–FY2026. Median approved loan: $855K. See lenders and activity by state.
- Acquisitions financed
- 180
- Total approved
- $237.3M
- Median loan
- $855K
- Middle half of loans
- $375K to $1.8M
- Median starting rate
- 9.47%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Open Bank | 16 | 9% | $682K | $16.5M |
| 2 | Readycap Lending, LLC | 9 | 5% | $1.4M | $19.7M |
| 3 | Hanmi Bank | 9 | 5% | $892K | $13.5M |
| 4 | The Huntington National Bank | 7 | 4% | $300K | $7.8M |
| 5 | PCB Bank | 7 | 4% | $780K | $5.9M |
| 6 | Live Oak Banking Company | 6 | 3% | $1.7M | $11.9M |
| 7 | Centerstone SBA Lending, Inc. | 5 | 3% | $960K | $7.5M |
| 8 | Byline Bank | 5 | 3% | $725K | $6.9M |
| 9 | Wilmington Savings Fund Society FSB | 5 | 3% | $288K | $5.3M |
| 10 | Bank of Hope | 4 | 2% | $538K | $2.1M |
| 11 | Evolve Bank and Trust | 3 | 2% | $4.2M | $9.3M |
| 12 | US Metro Bank | 3 | 2% | $721K | $4.6M |
| 13 | Rockland Trust Company | 3 | 2% | $810K | $4.3M |
| 14 | Celtic Bank Corporation | 3 | 2% | $1.1M | $3.2M |
| 15 | East West Bank | 3 | 2% | $1.0M | $2.8M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 44 | $632K | $37.5M |
| Washington | 16 | $1.2M | $23.9M |
| Michigan | 12 | $908K | $16.3M |
| Florida | 9 | $2.2M | $22.3M |
| Illinois | 9 | $1.4M | $16.5M |
| Ohio | 8 | $1.1M | $7.4M |
| New York | 6 | $1.4M | $10.3M |
| Georgia | 6 | $880K | $10.2M |
| Maine | 6 | $892K | $6.5M |
| Pennsylvania | 6 | $494K | $5.2M |
| New Jersey | 6 | $729K | $5.2M |
| Maryland | 5 | $995K | $9.4M |
| Texas | 5 | $935K | $8.1M |
| Massachusetts | 4 | $722K | $5.0M |
| Utah | 3 | $1.7M | $3.8M |
| Wisconsin | 3 | $761K | $2.9M |
| Minnesota | 2 | $3.2M | $6.5M |
| Oregon | 2 | $2.5M | $5.1M |
| Vermont | 2 | $2.0M | $4.0M |
| New Hampshire | 2 | $1.9M | $3.9M |
| Indiana | 2 | $1.7M | $3.3M |
| Arizona | 2 | $1.5M | $3.0M |
| Idaho | 2 | $1.1M | $2.3M |
| Kansas | 2 | $885K | $1.8M |
| Kentucky | 2 | $280K | $560K |
| Colorado | 1 | $4.3M | $4.3M |
| Wyoming | 1 | $4.0M | $4.0M |
| Delaware | 1 | $2.6M | $2.6M |
| Missouri | 1 | $1.2M | $1.2M |
| Montana | 1 | $920K | $920K |
| Iowa | 1 | $725K | $725K |
| Rhode Island | 1 | $720K | $720K |
| Virginia | 1 | $369K | $369K |
| South Dakota | 1 | $350K | $350K |
| Puerto Rico | 1 | $338K | $338K |
| Alabama | 1 | $332K | $332K |
| District of Columbia | 1 | $247K | $247K |
| Oklahoma | 1 | $226K | $226K |
| Louisiana | 1 | $193K | $193K |