Fortis Bank
14 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 14
- Total approved
- $23.9M
- Median loan
- $1.5M
- Middle half of loans
- $589K to $2.5M
- Median starting rate
- 9.75%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 12 industries and 2 states and territories. The largest industry by count was Plumbing, Heating, and Air-Conditioning Contractors (2 of 14 approvals). Colorado had the highest count among recorded project locations (12).
The median approved loan was $1.5M versus $707K across the index for FY2024–FY2026. This profile is based on a small sample. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Plumbing, Heating, and Air-Conditioning Contractors | 2 | 14% | $3.7M | $7.4M |
| 2 | Offices of Certified Public Accountants | 2 | 14% | $304K | $608K |
| 3 | Pharmacies and Drug Retailers | 1 | 7% | $3.4M | $3.4M |
| 4 | Commercial and Institutional Building Construction | 1 | 7% | $2.6M | $2.6M |
| 5 | Sporting and Athletic Goods Manufacturing | 1 | 7% | $2.1M | $2.1M |
| 6 | Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers | 1 | 7% | $2.1M | $2.1M |
| 7 | Sporting Goods Retailers | 1 | 7% | $1.6M | $1.6M |
| 8 | Other Miscellaneous Nondurable Goods Merchant Wholesalers | 1 | 7% | $1.4M | $1.4M |
| 9 | Industrial Supplies Merchant Wholesalers | 1 | 7% | $1.0M | $1.0M |
| 10 | All Other Miscellaneous Retailers | 1 | 7% | $932K | $932K |
| 11 | Offices of Physical, Occupational and Speech Therapists, and Audiologists | 1 | 7% | $475K | $475K |
| 12 | Public Relations Agencies | 1 | 7% | $220K | $220K |