Millennium Bank
10 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 10
- Total approved
- $22.3M
- Median loan
- $1.9M
- Middle half of loans
- $1.0M to $3.3M
- Median starting rate
- 10.25%
- Median term
- 25 yrs
How to interpret this profile and build a shortlist →
Portfolio read
Where the approvals cluster
The SBA file shows approvals across 4 industries and 6 states and territories. The largest industry by count was Hotels (except Casino Hotels) and Motels (7 of 10 approvals). Illinois had the highest count among recorded project locations (4).
The median approved loan was $1.9M 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 | Hotels (except Casino Hotels) and Motels | 7 | 70% | $2.6M | $19.6M |
| 2 | Child Care Services | 1 | 10% | $1.8M | $1.8M |
| 3 | Gasoline Stations with Convenience Stores | 1 | 10% | $644K | $644K |
| 4 | Convenience Retailers | 1 | 10% | $317K | $317K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Illinois | 4 | 40% | $1.5M | $5.9M |
| 2 | Indiana | 2 | 20% | $3.7M | $7.5M |
| 3 | Florida | 1 | 10% | $5.0M | $5.0M |
| 4 | Georgia | 1 | 10% | $1.8M | $1.8M |
| 5 | Michigan | 1 | 10% | $1.5M | $1.5M |
| 6 | Minnesota | 1 | 10% | $644K | $644K |