Tile and Terrazzo Contractors: SBA acquisition lenders
13 SBA 7(a) loans financed acquisitions classified as Tile and Terrazzo Contractors nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 13
- Total approved
- $12.8M
- Median loan
- $496K
- Middle half of loans
- $300K to $1.7M
- Median starting rate
- 9.75%
- 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 Internet Bank of Indiana | 3 | 23% | $730K | $4.6M |
| 2 | First National Bank of Pennsylvania | 2 | 15% | $1.3M | $2.6M |
| 3 | Summit CU | 2 | 15% | $1.1M | $2.2M |
| 4 | The Huntington National Bank | 2 | 15% | $177K | $355K |
| 5 | Heritage Bank Inc | 1 | 8% | $1.8M | $1.8M |
| 6 | America First Federal Credit Union | 1 | 8% | $496K | $496K |
| 7 | Equity Bank | 1 | 8% | $421K | $421K |
| 8 | Regions Bank | 1 | 8% | $247K | $247K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Texas | 2 | $1.9M | $3.8M |
| Virginia | 2 | $1.3M | $2.6M |
| California | 2 | $1.3M | $2.6M |
| Wisconsin | 2 | $1.1M | $2.2M |
| Colorado | 2 | $177K | $355K |
| Arizona | 1 | $496K | $496K |
| Missouri | 1 | $421K | $421K |
| Tennessee | 1 | $247K | $247K |