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Lake Ridge Bank

12 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
12
Total approved
$8.2M
Median loan
$278K
Middle half of loans
$116K to $839K
Median starting rate
8.50%
Median term
10 yrs

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Where the approvals cluster

The SBA file shows approvals across 6 industries and 1 state or territory. The largest industry by count was Landscaping Services (3 of 12 approvals). Wisconsin had the highest count among recorded project locations (12).

The median approved loan was $278K 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

#IndustryLoansShareMedian loanTotal approved
1 Landscaping Services 325%$275K$1.3M
2 Food Product Machinery Manufacturing 217%$1.8M$3.6M
3 Veterinary Services 217%$832K$1.7M
4 All Other Amusement and Recreation Industries 217%$166K$332K
5 Residential Remodelers 217%$98K$196K
6 General Automotive Repair 18%$1.2M$1.2M

Project locations

#StateLoansShareMedian loanTotal approved
1 Wisconsin 12100%$278K$8.2M

Deals by SBA fiscal year

FY20181 loans, $100K
FY20198 loans, $2.1M
FY20204 loans, $1.9M
FY20213 loans, $1.3M
FY202211 loans, $5.8M
FY20257 loans, $5.1M
FY20265 loans, $3.1M