Happen Bank
18 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 18
- Total approved
- $35.5M
- Median loan
- $1.6M
- Middle half of loans
- $646K to $2.7M
- Median starting rate
- 8.88%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 15 industries and 12 states and territories. The largest industry by count was General Rental Centers (3 of 18 approvals). New Jersey had the highest count among recorded project locations (4).
The median approved loan was $1.6M 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 | General Rental Centers | 3 | 17% | $409K | $5.0M |
| 2 | Beer, Wine, and Liquor Retailers | 2 | 11% | $1.1M | $2.1M |
| 3 | Full-Service Restaurants | 1 | 6% | $5.0M | $5.0M |
| 4 | Architectural Services | 1 | 6% | $4.3M | $4.3M |
| 5 | Ornamental and Architectural Metal Work Manufacturing | 1 | 6% | $3.3M | $3.3M |
| 6 | Fitness and Recreational Sports Centers | 1 | 6% | $2.8M | $2.8M |
| 7 | All Other Plastics Product Manufacturing | 1 | 6% | $2.6M | $2.6M |
| 8 | Offices of All Other Miscellaneous Health Practitioners | 1 | 6% | $2.5M | $2.5M |
| 9 | Sign Manufacturing | 1 | 6% | $2.4M | $2.4M |
| 10 | Golf Courses and Country Clubs | 1 | 6% | $1.7M | $1.7M |
| 11 | Landscaping Services | 1 | 6% | $1.5M | $1.5M |
| 12 | General Automotive Repair | 1 | 6% | $755K | $755K |
| 13 | All Other Miscellaneous Retailers | 1 | 6% | $609K | $609K |
| 14 | Offices of Physicians (except Mental Health Specialists) | 1 | 6% | $565K | $565K |
| 15 | Jewelry Retailers | 1 | 6% | $300K | $300K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | New Jersey | 4 | 22% | $1.2M | $8.0M |
| 2 | California | 3 | 17% | $409K | $5.0M |
| 3 | Florida | 2 | 11% | $2.0M | $4.1M |
| 4 | New York | 1 | 6% | $4.3M | $4.3M |
| 5 | Kansas | 1 | 6% | $2.8M | $2.8M |
| 6 | Maryland | 1 | 6% | $2.6M | $2.6M |
| 7 | Illinois | 1 | 6% | $2.5M | $2.5M |
| 8 | Indiana | 1 | 6% | $2.4M | $2.4M |
| 9 | Wisconsin | 1 | 6% | $1.7M | $1.7M |
| 10 | Minnesota | 1 | 6% | $1.2M | $1.2M |
| 11 | Washington | 1 | 6% | $565K | $565K |
| 12 | Oregon | 1 | 6% | $300K | $300K |