Wholesale Trade Agents and Brokers: SBA acquisition lenders
20 recorded SBA 7(a) acquisition approvals for Wholesale Trade Agents and Brokers, FY2024–FY2026. Median approved loan: $649K. See lenders and activity by state.
- Acquisitions financed
- 20
- Total approved
- $20.7M
- Median loan
- $649K
- Middle half of loans
- $185K to $1.4M
- 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 | 4 | 20% | $428K | $3.0M |
| 2 | Banc of California | 2 | 10% | $2.3M | $4.5M |
| 3 | First-Citizens Bank & Trust Company | 1 | 5% | $3.0M | $3.0M |
| 4 | Milestone Bank | 1 | 5% | $2.1M | $2.1M |
| 5 | First Bank of the Lake | 1 | 5% | $2.0M | $2.0M |
| 6 | North State Bank | 1 | 5% | $1.2M | $1.2M |
| 7 | Byline Bank | 1 | 5% | $960K | $960K |
| 8 | Plumas Bank | 1 | 5% | $760K | $760K |
| 9 | First State Bank of Middlebury | 1 | 5% | $730K | $730K |
| 10 | Waterfall Bank | 1 | 5% | $593K | $593K |
| 11 | T Bank, National Association | 1 | 5% | $545K | $545K |
| 12 | Sherburne State Bank | 1 | 5% | $509K | $509K |
| 13 | Eastern Bank | 1 | 5% | $350K | $350K |
| 14 | Gulf Coast Bank | 1 | 5% | $197K | $197K |
| 15 | Broadway National Bank | 1 | 5% | $112K | $112K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| California | 4 | $1.9M | $8.3M |
| Massachusetts | 2 | $1.2M | $2.4M |
| Illinois | 2 | $1.1M | $2.1M |
| Minnesota | 2 | $735K | $1.5M |
| Washington | 2 | $428K | $855K |
| Texas | 2 | $329K | $658K |
| Ohio | 1 | $2.1M | $2.1M |
| North Carolina | 1 | $1.2M | $1.2M |
| Indiana | 1 | $730K | $730K |
| Florida | 1 | $593K | $593K |
| Louisiana | 1 | $197K | $197K |
| Maryland | 1 | $50K | $50K |