SBA acquisition loans: Construction (NAICS 23)
2,034 SBA 7(a) change-of-ownership loans totaling $2.59B in FY2024 to FY2026, median $793K, from 354 lenders.
League table
National rankings Top lenders
Top 25 by number of loans, FY2024 to FY2026
| Rank | Lender | Loans | Dollars | Median | FY24–26 trend |
|---|---|---|---|---|---|
| 1 | Huntington National BankColumbus, OH | 306 | $289.9M | $465K | +66% |
| 2 | Live Oak Banking CompanyWilmington, NC | 197 | $254.9M | $750K | −41% |
| 3 | First Internet Bank of IndianaFishers, IN | 123 | $157.2M | $855K | +100% |
| 4 | Old National BankEvansville, IN | 52 | $55.1M | $562K | −73% |
| 5 | PathwardSioux Falls, SD | 48 | $114.0M | $2.0M | +145% |
| 6 | Truliant FCUWinston-Salem, NC | 42 | $78.1M | $1.7M | +350% |
| 7 | Beacon Bank and TrustBoston, MA | 36 | $77.6M | $1.8M | −9% |
| 8 | Byline BankChicago, IL | 34 | $51.5M | $1.2M | +220% |
| 9 | TowneBankPortsmouth, VA | 29 | $47.7M | $1.3M | −36% |
| 10 | M&T BankBuffalo, NY | 27 | $27.5M | $500K | +83% |
| 11 | T BankDallas, TX | 22 | $46.2M | $2.0M | +67% |
| 11 | Fidelity Bank (Fuquay Varina, NC)Fuquay Varina, NC | 22 | $26.7M | $1.0M | +125% |
| 13 | Zions BancorporationSalt Lake City, UT | 21 | $17.2M | $441K | +50% |
| 14 | VelocitySBA, LLCIrving, TX | 19 | $23.8M | $1.0M | +1100% |
| 14 | United Midwest Savings BankDegraff, OH | 19 | $16.7M | $831K | +50% |
| 16 | 22nd State BankMobile, AL | 18 | $36.7M | $1.4M | −83% |
| 16 | First National Bank of PennsylvaniaGreenville, PA | 18 | $17.8M | $893K | −100% |
| 18 | Pinnacle Bank (Nashville, TN)Nashville, TN | 17 | $33.4M | $1.4M | +200% |
| 19 | Milestone BankSalt Lake City, UT | 15 | $24.8M | $1.9M | +1100% |
| 19 | Celtic BankSalt Lake City, UT | 15 | $17.6M | $828K | +0% |
| 19 | Banner BankWalla Walla, WA | 15 | $15.8M | $820K | −40% |
| 22 | Port 51 Lending LLCNew York, NY | 14 | $19.9M | $1.3M | +100% |
| 22 | First Bank (Southern Pines, NC)Southern Pines, NC | 14 | $10.7M | $579K | −100% |
| 24 | Bancorp BankSioux Falls, SD | 13 | $20.6M | $1.1M | +400% |
| 24 | Customers BankMalvern, PA | 13 | $8.1M | $438K | −71% |
Ranked by number of loans; ties broken by dollars. Bars are scaled to the leader. Trend: loans per fiscal year, FY2024 to FY2026, with the change from FY2024 to FY2026.
Loan size
Deal size mix
- Under $350K552 loans · 27% · $96.3M
- $350K to $1M617 loans · 30% · $385.2M
- $1M to $2M419 loans · 21% · $608.2M
- $2M to $5M446 loans · 22% · $1.50B
Volume
By fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2024 | 580 | $678.3M |
| FY2025 | 774 | $1.01B |
| FY2026 | 680 | $904.2M |
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