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General Automotive Repair: SBA acquisition loans in Florida
30 SBA-financed business acquisitions in Florida classified as General Automotive Repair, FY2024–FY2026. Median loan $980K. See which lenders did them.
- Acquisitions financed
- 30
- Total approved
- $38.7M
- Median loan
- $980K
- Middle half of loans
- $641K to $1.7M
- Median starting rate
- 9.62%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 8 | 27% | $1.2M | $13.9M |
| 2 | Seacoast National Bank | 3 | 10% | $960K | $2.9M |
| 3 | BayFirst National Bank | 3 | 10% | $355K | $1.0M |
| 4 | SouthState Bank, National Association | 2 | 7% | $2.3M | $4.6M |
| 5 | Pathward National Association | 2 | 7% | $1.3M | $2.6M |
| 6 | Merchants Bank of Indiana | 2 | 7% | $434K | $869K |
| 7 | First Horizon Bank | 1 | 3% | $3.6M | $3.6M |
| 8 | Valley National Bank | 1 | 3% | $1.8M | $1.8M |
| 9 | Banesco USA | 1 | 3% | $1.6M | $1.6M |
| 10 | TowneBank | 1 | 3% | $1.2M | $1.2M |
| 11 | First Internet Bank of Indiana | 1 | 3% | $990K | $990K |
| 12 | OptimumBank | 1 | 3% | $970K | $970K |
| 13 | Republic Bank & Trust Company | 1 | 3% | $856K | $856K |
| 14 | Happen Bank | 1 | 3% | $755K | $755K |
| 15 | Midwest Regional Bank | 1 | 3% | $678K | $678K |
For comparison, the same industry nationwide: 485 loans, median $686K, median starting rate 9.50%. See General Automotive Repair in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.