Travel Agencies: SBA acquisition lenders
9 recorded SBA 7(a) acquisition approvals for Travel Agencies, FY2024–FY2026. Median approved loan: $1.3M. See lenders and activity by state.
- Acquisitions financed
- 9
- Total approved
- $12.2M
- Median loan
- $1.3M
- Middle half of loans
- $102K to $1.7M
- Median starting rate
- 9.00%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | City National Bank | 2 | 22% | $2.3M | $4.7M |
| 2 | Live Oak Banking Company | 2 | 22% | $1.4M | $2.7M |
| 3 | The Huntington National Bank | 2 | 22% | $957K | $1.9M |
| 4 | Northwest Bank | 1 | 11% | $1.5M | $1.5M |
| 5 | The Bancorp Bank National Association | 1 | 11% | $1.3M | $1.3M |
| 6 | Newtek Bank, National Association | 1 | 11% | $69K | $69K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 2 | $2.3M | $4.7M |
| Florida | 2 | $1.4M | $2.7M |
| Connecticut | 2 | $957K | $1.9M |
| Utah | 1 | $1.5M | $1.5M |
| Pennsylvania | 1 | $1.3M | $1.3M |
| New Jersey | 1 | $69K | $69K |