Merchants & Marine Bank
14 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 14
- Total approved
- $5.0M
- Median loan
- $257K
- Middle half of loans
- $69K to $505K
- Median starting rate
- 10.25%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 8 industries and 4 states and territories. The largest industry by count was Electrical Contractors and Other Wiring Installation Contractors (2 of 14 approvals). Mississippi had the highest count among recorded project locations (6).
The median approved loan was $257K 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 | Electrical Contractors and Other Wiring Installation Contractors | 2 | 14% | $770K | $1.5M |
| 2 | All Other Personal Services | 2 | 14% | $368K | $735K |
| 3 | Offices of Mental Health Practitioners (except Physicians) | 2 | 14% | $285K | $570K |
| 4 | Meat Retailers | 2 | 14% | $278K | $556K |
| 5 | Snack and Nonalcoholic Beverage Bars | 2 | 14% | $204K | $408K |
| 6 | Sewing, Needlework, and Piece Goods Retailers | 2 | 14% | $151K | $302K |
| 7 | Child Care Services | 1 | 7% | $621K | $621K |
| 8 | Hobby, Toy, and Game Retailers | 1 | 7% | $242K | $242K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Mississippi | 6 | 43% | $257K | $1.6M |
| 2 | Florida | 4 | 29% | $204K | $978K |
| 3 | Tennessee | 2 | 14% | $770K | $1.5M |
| 4 | Texas | 2 | 14% | $432K | $863K |