Title Abstract and Settlement Offices: SBA acquisition lenders
5 recorded SBA 7(a) acquisition approvals for Title Abstract and Settlement Offices, FY2024–FY2026. Median approved loan: $405K. See lenders and activity by state.
- Acquisitions financed
- 5
- Total approved
- $3.0M
- Median loan
- $405K
- Middle half of loans
- $400K to $870K
- 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 | Truliant FCU | 1 | 20% | $945K | $945K |
| 2 | Grasshopper Bank National Association | 1 | 20% | $870K | $870K |
| 3 | United Bank of Iowa | 1 | 20% | $405K | $405K |
| 4 | Enterprise Bank | 1 | 20% | $400K | $400K |
| 5 | Bell Bank | 1 | 20% | $350K | $350K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Virginia | 1 | $945K | $945K |
| Michigan | 1 | $870K | $870K |
| Iowa | 1 | $405K | $405K |
| Pennsylvania | 1 | $400K | $400K |
| Minnesota | 1 | $350K | $350K |