Meridian Bank
43 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 43
- Total approved
- $50.1M
- Median loan
- $610K
- Middle half of loans
- $250K to $1.8M
- Median starting rate
- 9.75%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 30 industries and 11 states and territories. The largest industry by count was Commercial Printing (except Screen and Books) (4 of 43 approvals). Pennsylvania had the highest count among recorded project locations (13).
The median approved loan was $610K versus $707K across the index for FY2024–FY2026. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Commercial Printing (except Screen and Books) | 4 | 9% | $2.1M | $6.8M |
| 2 | Plumbing, Heating, and Air-Conditioning Contractors | 3 | 7% | $1.7M | $3.7M |
| 3 | Machine Shops | 2 | 5% | $2.0M | $4.1M |
| 4 | All Other Support Services | 2 | 5% | $1.8M | $3.5M |
| 5 | All Other Personal Services | 2 | 5% | $1.7M | $3.5M |
| 6 | Other Building Finishing Contractors | 2 | 5% | $962K | $1.9M |
| 7 | Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers | 2 | 5% | $675K | $1.4M |
| 8 | Prefabricated Wood Building Manufacturing | 2 | 5% | $638K | $1.3M |
| 9 | Ambulance Services | 2 | 5% | $542K | $1.1M |
| 10 | Offices of Certified Public Accountants | 2 | 5% | $295K | $590K |
| 11 | Custom Computer Programming Services | 1 | 2% | $4.5M | $4.5M |
| 12 | Indoor and Outdoor Display Advertising | 1 | 2% | $2.5M | $2.5M |
| 13 | Funeral Homes and Funeral Services | 1 | 2% | $2.2M | $2.2M |
| 14 | Tax Preparation Services | 1 | 2% | $2.1M | $2.1M |
| 15 | Child Care Services | 1 | 2% | $1.8M | $1.8M |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Pennsylvania | 13 | 30% | $1.1M | $12.5M |
| 2 | New Jersey | 9 | 21% | $400K | $11.1M |
| 3 | Maryland | 4 | 9% | $496K | $2.1M |
| 4 | California | 3 | 7% | $2.5M | $7.3M |
| 5 | Delaware | 3 | 7% | $170K | $3.7M |
| 6 | Tennessee | 3 | 7% | $440K | $2.7M |
| 7 | Florida | 3 | 7% | $610K | $1.9M |
| 8 | North Carolina | 2 | 5% | $2.5M | $5.0M |
| 9 | Colorado | 1 | 2% | $2.2M | $2.2M |
| 10 | Oregon | 1 | 2% | $1.0M | $1.0M |
| 11 | Georgia | 1 | 2% | $445K | $445K |