Acquisition Lender Index

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KeyBank National Association

59 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
59
Total approved
$84.0M
Median loan
$810K
Middle half of loans
$352K to $2.0M
Median starting rate
9.50%
Median term
10 yrs

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Where the approvals cluster

The SBA file shows approvals across 38 industries and 13 states and territories. The largest industry by count was General Automotive Repair (6 of 59 approvals). Ohio had the highest count among recorded project locations (16).

The median approved loan was $810K versus $707K across the index for FY2024–FY2026. Differences can reflect which industries, markets and deal sizes the lender serves.

Industries by approval count

#IndustryLoansShareMedian loanTotal approved
1 General Automotive Repair 610%$290K$2.3M
2 Outpatient Mental Health and Substance Abuse Centers 35%$1.2M$6.5M
3 Full-Service Restaurants 35%$1.6M$4.8M
4 Limited-Service Restaurants 35%$720K$1.8M
5 Computer Systems Design Services 23%$2.0M$4.0M
6 Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers 23%$1.6M$3.2M
7 All Other Miscellaneous Food Manufacturing 23%$1.6M$3.1M
8 Beer, Wine, and Liquor Retailers 23%$1.3M$2.6M
9 Recreational Vehicle Dealers 23%$1.2M$2.3M
10 Barber Shops 23%$560K$1.1M
11 Offices of Physical, Occupational and Speech Therapists, and Audiologists 23%$450K$901K
12 All Other Personal Services 23%$426K$852K
13 All Other Consumer Goods Rental 23%$399K$798K
14 Sporting Goods Retailers 23%$204K$408K
15 Collection Agencies 12%$5.0M$5.0M

Project locations

#StateLoansShareMedian loanTotal approved
1 Ohio 1627%$1.6M$30.5M
2 Washington 1220%$725K$7.0M
3 Oregon 610%$1.4M$10.9M
4 New York 47%$520K$6.2M
5 Colorado 47%$1.2M$4.8M
6 Utah 35%$2.7M$8.1M
7 New Hampshire 35%$648K$2.4M
8 Vermont 35%$358K$813K
9 Connecticut 23%$2.4M$4.8M
10 Pennsylvania 23%$1.7M$3.4M
11 Minnesota 23%$560K$1.1M
12 Indiana 12%$3.5M$3.5M
13 California 12%$330K$330K

Deals by SBA fiscal year

FY201952 loans, $40.7M
FY202040 loans, $43.2M
FY202114 loans, $8.5M
FY20226 loans, $14.4M
FY20235 loans, $2.3M
FY202420 loans, $31.8M
FY202516 loans, $9.8M
FY202623 loans, $42.4M