Acquisition Lender Index

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TowneBank

208 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
208
Total approved
$249.5M
Median loan
$968K
Middle half of loans
$595K to $1.5M
Median starting rate
10.25%
Median term
10 yrs

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Where the approvals cluster

The SBA file shows approvals across 105 industries and 35 states and territories. The largest industry by count was Limited-Service Restaurants (18 of 208 approvals). Florida had the highest count among recorded project locations (33).

The median approved loan was $968K 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 Limited-Service Restaurants 189%$750K$16.5M
2 Full-Service Restaurants 94%$1.2M$9.4M
3 Electrical Contractors and Other Wiring Installation Contractors 84%$2.1M$18.0M
4 All Other Specialty Trade Contractors 84%$1.4M$13.0M
5 Plumbing, Heating, and Air-Conditioning Contractors 73%$1.1M$10.5M
6 Child Care Services 63%$791K$4.8M
7 Beer, Wine, and Liquor Retailers 63%$680K$4.4M
8 General Automotive Repair 52%$1.3M$5.6M
9 Roofing Contractors 42%$1.1M$6.1M
10 Janitorial Services 42%$715K$2.9M
11 All Other Personal Services 31%$1.6M$5.4M
12 Offices of Certified Public Accountants 31%$1.6M$4.8M
13 Residential Remodelers 31%$984K$4.6M
14 Offices of Physicians (except Mental Health Specialists) 31%$1.5M$4.4M
15 All Other Professional, Scientific, and Technical Services 31%$1.3M$3.7M

Project locations

#StateLoansShareMedian loanTotal approved
1 Florida 3316%$817K$34.8M
2 North Carolina 2713%$1.2M$42.9M
3 Texas 2311%$1.2M$32.4M
4 California 199%$1.2M$29.5M
5 Michigan 126%$560K$9.5M
6 Virginia 94%$1.0M$10.7M
7 Colorado 84%$755K$6.6M
8 New York 73%$1.1M$9.8M
9 Pennsylvania 73%$782K$6.4M
10 South Carolina 63%$792K$5.3M
11 Ohio 52%$893K$5.5M
12 Kentucky 52%$961K$5.2M
13 Illinois 52%$830K$4.6M
14 Washington 42%$1.6M$6.1M
15 Maryland 42%$687K$4.2M

Deals by SBA fiscal year

FY20191 loans, $300K
FY202018 loans, $15.4M
FY202138 loans, $41.4M
FY202237 loans, $41.3M
FY202348 loans, $44.6M
FY202464 loans, $80.4M
FY202575 loans, $80.4M
FY202669 loans, $88.7M