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Limited-Service Restaurants: SBA acquisition loans in Pennsylvania
29 SBA-financed business acquisitions in Pennsylvania classified as Limited-Service Restaurants, FY2024–FY2026. Median loan $309K. See which lenders did them.
- Acquisitions financed
- 29
- Total approved
- $15.4M
- Median loan
- $309K
- Middle half of loans
- $171K to $709K
- Median starting rate
- 9.60%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7 | 24% | $150K | $5.7M |
| 2 | PNC Bank, National Association | 3 | 10% | $340K | $1.7M |
| 3 | BayFirst National Bank | 2 | 7% | $284K | $567K |
| 4 | Live Oak Banking Company | 2 | 7% | $225K | $450K |
| 5 | Northwest Bank | 2 | 7% | $99K | $199K |
| 6 | TowneBank | 1 | 3% | $1.1M | $1.1M |
| 7 | QNB Bank | 1 | 3% | $1.0M | $1.0M |
| 8 | Beacon Bank and Trust | 1 | 3% | $853K | $853K |
| 9 | Open Bank | 1 | 3% | $800K | $800K |
| 10 | T Bank, National Association | 1 | 3% | $709K | $709K |
| 11 | Seacoast National Bank | 1 | 3% | $706K | $706K |
| 12 | Centerstone SBA Lending, Inc. | 1 | 3% | $350K | $350K |
| 13 | FWBank | 1 | 3% | $309K | $309K |
| 14 | Woori America Bank | 1 | 3% | $300K | $300K |
| 15 | PromiseOne Bank | 1 | 3% | $250K | $250K |
For comparison, the same industry nationwide: 826 loans, median $414K, median starting rate 9.50%. See Limited-Service Restaurants 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.