Welding and Soldering Equipment Manufacturing: SBA acquisition lenders
7 recorded SBA 7(a) acquisition approvals for Welding and Soldering Equipment Manufacturing, FY2024–FY2026. Median approved loan: $350K. See lenders and activity by state.
- Acquisitions financed
- 7
- Total approved
- $7.1M
- Median loan
- $350K
- Middle half of loans
- $320K to $1.4M
- 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 | First Horizon Bank | 2 | 29% | $1.8M | $3.6M |
| 2 | Bank of Luxemburg | 2 | 29% | $188K | $375K |
| 3 | Heritage Bank Inc | 1 | 14% | $2.4M | $2.4M |
| 4 | Route 31 Federal Credit Union | 1 | 14% | $375K | $375K |
| 5 | Peoples Security Bank and Trust Company | 1 | 14% | $295K | $295K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Louisiana | 2 | $1.8M | $3.6M |
| Wisconsin | 2 | $188K | $375K |
| Colorado | 1 | $2.4M | $2.4M |
| Michigan | 1 | $375K | $375K |
| Pennsylvania | 1 | $295K | $295K |