Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers: SBA acquisition lenders
5 recorded SBA 7(a) acquisition approvals for Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers, FY2024–FY2026. Median approved loan: $900K. See lenders and activity by state.
- Acquisitions financed
- 5
- Total approved
- $7.4M
- Median loan
- $900K
- Middle half of loans
- $300K to $1.5M
- 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 | The Huntington National Bank | 2 | 40% | $188K | $375K |
| 2 | Bank of America, National Association | 1 | 20% | $4.6M | $4.6M |
| 3 | Beacon Bank and Trust | 1 | 20% | $1.5M | $1.5M |
| 4 | MidFirst Bank | 1 | 20% | $900K | $900K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Minnesota | 2 | $188K | $375K |
| Pennsylvania | 1 | $4.6M | $4.6M |
| South Carolina | 1 | $1.5M | $1.5M |
| Utah | 1 | $900K | $900K |