Acquisition Lender Index

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Stearns Bank National Association

37 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 · Built November 10, 2026

Acquisitions financed
37
Total approved
$23.8M
Median loan
$395K
Middle half of loans
$250K to $895K
Median starting rate
10.25%
Median term
10 yrs

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Where the approvals cluster

The SBA file shows approvals across 27 industries and 18 states and territories. The largest industry by count was Full-Service Restaurants (4 of 37 approvals). Texas had the highest count among recorded project locations (6).

The median approved loan was $395K versus $707K across the index for FY2024–FY2026. Differences can reflect which industries, markets and deal sizes the lender serves.

Read the five-lender comparison ↗

Industries by approval count

#IndustryLoansShareMedian loanTotal approved
1 Full-Service Restaurants 411%$465K$2.0M
2 Other Services to Buildings and Dwellings 38%$402K$1.8M
3 Limited-Service Restaurants 38%$150K$458K
4 Car Washes 25%$1.5M$2.9M
5 Home Health Care Services 25%$570K$1.1M
6 Assisted Living Facilities for the Elderly 25%$345K$691K
7 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services 13%$2.0M$2.0M
8 Nursing Care Facilities (Skilled Nursing Facilities) 13%$1.9M$1.9M
9 Beer, Wine, and Liquor Retailers 13%$1.8M$1.8M
10 Offices of Real Estate Appraisers 13%$1.6M$1.6M
11 Sewing, Needlework, and Piece Goods Retailers 13%$995K$995K
12 Offices of Physical, Occupational and Speech Therapists, and Audiologists 13%$927K$927K
13 Passenger Car Rental 13%$907K$907K
14 Drinking Places (Alcoholic Beverages) 13%$700K$700K
15 Couriers and Express Delivery Services 13%$535K$535K

Project locations

#StateLoansShareMedian loanTotal approved
1 Texas 616%$371K$4.2M
2 California 411%$362K$1.8M
3 Pennsylvania 38%$1.9M$5.4M
4 Ohio 38%$458K$1.7M
5 Louisiana 38%$402K$1.6M
6 Illinois 25%$936K$1.9M
7 Connecticut 25%$570K$1.1M
8 Georgia 25%$345K$691K
9 Florida 25%$318K$635K
10 New Jersey 25%$250K$500K
11 Wisconsin 13%$1.6M$1.6M
12 Montana 13%$907K$907K
13 Arizona 13%$535K$535K
14 Iowa 13%$535K$535K
15 Minnesota 13%$395K$395K

Deals by SBA fiscal year

FY2019214 loans, $94.3M
FY202069 loans, $25.0M
FY20219 loans, $5.8M
FY20224 loans, $2.3M
FY20238 loans, $3.1M
FY202416 loans, $14.4M
FY202512 loans, $6.9M
FY20269 loans, $2.5M