Support Activities for Oil and Gas Operations: SBA acquisition lenders
12 recorded SBA 7(a) acquisition approvals for Support Activities for Oil and Gas Operations, FY2024–FY2026. Median approved loan: $2.0M. See lenders and activity by state.
- Acquisitions financed
- 12
- Total approved
- $19.7M
- Median loan
- $2.0M
- Middle half of loans
- $148K to $2.4M
- 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 | Colony Bank | 3 | 25% | $2.5M | $9.8M |
| 2 | American Momentum Bank | 2 | 17% | $1.3M | $2.6M |
| 3 | Atlantic Regional Federal Credit Union | 2 | 17% | $103K | $206K |
| 4 | Bank of Hays | 2 | 17% | $49K | $99K |
| 5 | FFB Bank | 1 | 8% | $2.8M | $2.8M |
| 6 | Beacon Bank and Trust | 1 | 8% | $2.1M | $2.1M |
| 7 | The Huntington National Bank | 1 | 8% | $2.0M | $2.0M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Texas | 4 | $2.5M | $11.7M |
| New Mexico | 2 | $2.5M | $4.9M |
| Maine | 2 | $103K | $206K |
| Kansas | 2 | $49K | $99K |
| Mississippi | 1 | $2.0M | $2.0M |
| Ohio | 1 | $731K | $731K |