Acquisition Lender Index

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Old National Bank

255 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
255
Total approved
$311.5M
Median loan
$566K
Middle half of loans
$250K to $1.7M
Median starting rate
8.30%
Median term
10 yrs

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Where the approvals cluster

The SBA file shows approvals across 93 industries and 16 states and territories. The largest industry by count was All Other Specialty Trade Contractors (23 of 255 approvals). Wisconsin had the highest count among recorded project locations (75).

The median approved loan was $566K versus $707K across the index for FY2024–FY2026. Differences can reflect which industries, markets and deal sizes the lender serves.

Which loan sizes show up most?

Ranked No. 10 by recorded approvals among lender names in the index for FY2024–FY2026. Wisconsin accounted for 29.4% of its approvals by project location. All Other Specialty Trade Contractors accounted for 9.0% by industry.

Gross approved amountApprovalsShare hereShare nationally
Under $500K10039.2%38.6%
$500K to under $1M6023.5%22.8%
$1M to under $2M4216.5%19.5%
$2M and up5320.8%19.1%

The starting rate uses 255 of 255 records with a reported rate. The term uses 255 of 255 records with a reported term. These are historical approvals and do not describe current quotes or eligibility.

Industries by approval count

#IndustryLoansShareMedian loanTotal approved
1 All Other Specialty Trade Contractors 239%$500K$28.7M
2 Full-Service Restaurants 145%$494K$6.2M
3 Plumbing, Heating, and Air-Conditioning Contractors 83%$905K$7.3M
4 All Other Miscellaneous Fabricated Metal Product Manufacturing 73%$544K$14.0M
5 Landscaping Services 73%$250K$8.2M
6 All Other Professional, Scientific, and Technical Services 73%$1.0M$7.8M
7 Recreational Vehicle Dealers 52%$1.2M$9.4M
8 All Other Miscellaneous Manufacturing 52%$389K$2.9M
9 Child Care Services 52%$500K$2.6M
10 Beauty Salons 52%$150K$1.3M
11 Limited-Service Restaurants 42%$1.1M$6.9M
12 Machine Shops 42%$888K$5.8M
13 Site Preparation Contractors 42%$960K$4.1M
14 All Other Consumer Goods Rental 42%$736K$3.4M
15 Commercial Printing (except Screen and Books) 42%$693K$2.8M

Project locations

#StateLoansShareMedian loanTotal approved
1 Wisconsin 7529%$566K$84.6M
2 Minnesota 4216%$716K$57.3M
3 Michigan 4216%$500K$48.9M
4 Indiana 3815%$500K$38.5M
5 Illinois 249%$766K$39.6M
6 Tennessee 114%$417K$6.1M
7 Missouri 52%$610K$7.2M
8 Kentucky 42%$2.0M$8.3M
9 Ohio 42%$876K$4.5M
10 Florida 21%$2.7M$5.4M
11 Georgia 21%$940K$1.9M
12 North Carolina 21%$376K$753K
13 North Dakota 10%$4.4M$4.4M
14 Texas 10%$2.9M$2.9M
15 South Carolina 10%$753K$753K

Deals by SBA fiscal year

FY201952 loans, $42.2M
FY202039 loans, $54.4M
FY202175 loans, $72.3M
FY202267 loans, $80.7M
FY202393 loans, $98.6M
FY2024120 loans, $147.9M
FY202587 loans, $89.9M
FY202648 loans, $73.6M