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Top SBA Acquisition Lenders for Manufacturing

163 SBA 7(a) lenders specializing in manufacturing acquisitions nationwide.

Lenders

163

nationwide

Total Volume

$588.2M

Median Rate

Prime + 2.13%

Median Loan Size

$994K

Top Manufacturing Lenders

1The Huntington National Bank

Loans

24

Rate

P+2.25%

1.5%

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2Live Oak Bank

Loans

22

Rate

P+1.50%

0.8%

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3First Internet Bank of Indiana

Loans

8

Rate

P+2.75%

1.7%

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Top 25 Manufacturing Lenders

#LenderLoansVolumeRate
1The Huntington National Bank24$49.0MP+2.25%1.5%
2Live Oak Bank22$59.5MP+1.50%0.8%
3First Internet Bank of Indiana8$13.0MP+2.75%1.7%
4Tompkins Community Bank7$9.5MP+1.00%0.0%
5Bank of Belleville6$3.0MP+1.00%0.0%
6Newtek Bank, National Association5$15.0MP+3.00%0.0%
7Byline Bank5$6.7MP+2.75%1.5%
8Cadence Bank5$4.1MP+2.25%4.2%
9Old National Bank5$16.4MP+0.30%2.4%
10Meridian Bank5$9.6MP+2.25%2.7%
11First Financial Bank5$4.2MP+2.75%3.7%
12Truliant FCU4$10.9MP+2.75%0.0%
13Manufacturers and Traders Trust Company4$1.3MP+2.25%1.0%
14Countybank4$1.2MP+2.75%0.0%
15Brookline Bank4$13.5MP+2.25%0.8%
16Zions Bank, A Division of4$4.4MP+0.70%1.1%
17Port 51 Lending LLC4$2.8MP+2.75%0.0%
18BayFirst National Bank4$2.0MP+2.75%4.5%
19Pinnacle Bank4$10.2MP+2.25%1.9%
20Pathward National Association4$14.4MP+2.25%4.5%
21Bell Bank4$7.3MP+1.75%0.0%
22Oxford Bank4$2.5MP+2.25%0.0%
23Heritage Bank, Inc.4$2.4MP+2.75%0.0%
24Wayne Bank4$1.9MP+0.50%0.0%
25Summit CU4$800KP+0.00%0.0%

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SBA 7(a) Lending for Manufacturing

163 SBA 7(a) lenders have originated 388 acquisition loans in the manufacturing sector, totaling $588.2M in volume. The median loan size is $994K, with a median interest rate of Prime + 2.13% (Prime + spread).

When evaluating lenders for a manufacturing acquisition, compare loan volume (indicating experience in this sector), interest rates, and historical default rates. PLP (Preferred Lender Program) lenders have delegated SBA authority for faster loan processing.

Frequently Asked Questions

How many SBA 7(a) lenders serve the manufacturing industry?

There are 163 active SBA 7(a) lenders that have originated manufacturing acquisition loans, with a combined 388 loans nationwide.

What is the typical SBA loan rate for manufacturing acquisitions?

The median SBA 7(a) acquisition loan rate for manufacturing is approximately Prime + 2.13%. The SBA caps the spread at 3.0% for loans over $250,000.

Which states have the most manufacturing SBA lenders?

The top states for manufacturing SBA lending include .

Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the manufacturing sector. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates.

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