Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers: SBA acquisition lenders
18 recorded SBA 7(a) acquisition approvals for Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers, FY2024–FY2026. Median approved loan: $519K. See lenders and activity by state.
- Acquisitions financed
- 18
- Total approved
- $10.1M
- Median loan
- $519K
- Middle half of loans
- $360K to $761K
- 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 | East West Bank | 4 | 22% | $404K | $1.4M |
| 2 | Hanmi Bank | 2 | 11% | $268K | $535K |
| 3 | Pathward National Association | 1 | 6% | $1.1M | $1.1M |
| 4 | Open Bank | 1 | 6% | $980K | $980K |
| 5 | OMB Bank | 1 | 6% | $842K | $842K |
| 6 | Mountain Pacific Bank | 1 | 6% | $802K | $802K |
| 7 | Pinnacle Bank | 1 | 6% | $774K | $774K |
| 8 | Peoples Bank | 1 | 6% | $725K | $725K |
| 9 | Colony Bank | 1 | 6% | $663K | $663K |
| 10 | Southwestern National Bank | 1 | 6% | $650K | $650K |
| 11 | Fulton Bank, National Association | 1 | 6% | $563K | $563K |
| 12 | Harborstone CU | 1 | 6% | $390K | $390K |
| 13 | Commonwealth Business Bank | 1 | 6% | $350K | $350K |
| 14 | First Internet Bank of Indiana | 1 | 6% | $346K | $346K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Washington | 9 | $435K | $4.1M |
| California | 3 | $350K | $1.1M |
| Minnesota | 1 | $1.1M | $1.1M |
| Texas | 1 | $980K | $980K |
| Missouri | 1 | $842K | $842K |
| Florida | 1 | $774K | $774K |
| Virginia | 1 | $663K | $663K |
| Delaware | 1 | $563K | $563K |