PromiseOne Bank
38 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 38
- Total approved
- $62.4M
- Median loan
- $1.1M
- Middle half of loans
- $550K to $2.4M
- Median starting rate
- 8.50%
- Median term
- 25 yrs
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Where the approvals cluster
The SBA file shows approvals across 12 industries and 14 states and territories. The largest industry by count was Hotels (except Casino Hotels) and Motels (10 of 38 approvals). Georgia had the highest count among recorded project locations (10).
The median approved loan was $1.1M 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 | Hotels (except Casino Hotels) and Motels | 10 | 26% | $2.9M | $32.4M |
| 2 | Beer, Wine, and Liquor Retailers | 9 | 24% | $1.0M | $11.8M |
| 3 | Gasoline Stations with Convenience Stores | 6 | 16% | $1.4M | $9.9M |
| 4 | Full-Service Restaurants | 4 | 11% | $375K | $1.4M |
| 5 | Drycleaning and Laundry Services (except Coin-Operated) | 2 | 5% | $370K | $740K |
| 6 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 1 | 3% | $2.6M | $2.6M |
| 7 | All Other Plastics Product Manufacturing | 1 | 3% | $1.1M | $1.1M |
| 8 | Convenience Retailers | 1 | 3% | $815K | $815K |
| 9 | Funeral Homes and Funeral Services | 1 | 3% | $580K | $580K |
| 10 | Coin-Operated Laundries and Drycleaners | 1 | 3% | $550K | $550K |
| 11 | Nail Salons | 1 | 3% | $270K | $270K |
| 12 | Limited-Service Restaurants | 1 | 3% | $250K | $250K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Georgia | 10 | 26% | $2.2M | $23.8M |
| 2 | Pennsylvania | 9 | 24% | $350K | $4.1M |
| 3 | Florida | 3 | 8% | $2.0M | $7.8M |
| 4 | Texas | 3 | 8% | $1.5M | $5.7M |
| 5 | Maryland | 3 | 8% | $1.0M | $3.3M |
| 6 | South Carolina | 2 | 5% | $2.7M | $5.4M |
| 7 | Ohio | 1 | 3% | $3.5M | $3.5M |
| 8 | Delaware | 1 | 3% | $2.6M | $2.6M |
| 9 | North Carolina | 1 | 3% | $1.9M | $1.9M |
| 10 | New York | 1 | 3% | $1.2M | $1.2M |
| 11 | Michigan | 1 | 3% | $1.1M | $1.1M |
| 12 | Alabama | 1 | 3% | $1.0M | $1.0M |
| 13 | Virginia | 1 | 3% | $500K | $500K |
| 14 | Tennessee | 1 | 3% | $450K | $450K |