{"source":"SBA 7(a) FOIA loan file (data.sba.gov), change-of-ownership loans only, aggregated","publisher":"SBA Acquisition Data","page":"https://sbaacquisitiondata.com/industry/portfolio-management-and-investment-advice-523940","type":"industry","name":"Portfolio Management and Investment Advice","as_of":"2026-09-30","fy_min":2018,"fy_max":2026,"license":"https://www.usa.gov/government-works","data":{"naics":"523940","name":"Portfolio Management and Investment Advice","slug":"portfolio-management-and-investment-advice-523940","summary":{"loans":69,"dollars":81693100,"median":699000,"mean":1183958,"p25":400000,"p75":1610000,"avg_rate":9.04,"median_term":120,"guaranty_share":0.75,"jobs":191,"franchise_loans":5,"recent_loans":38},"by_fy":[{"fy":2018,"loans":0,"dollars":0,"median":null},{"fy":2019,"loans":0,"dollars":0,"median":null},{"fy":2020,"loans":0,"dollars":0,"median":null},{"fy":2021,"loans":0,"dollars":0,"median":null},{"fy":2022,"loans":11,"dollars":16871200,"median":1400000},{"fy":2023,"loans":7,"dollars":12787000,"median":2000000},{"fy":2024,"loans":13,"dollars":14663000,"median":765000},{"fy":2025,"loans":22,"dollars":15055000,"median":500000},{"fy":2026,"loans":16,"dollars":22316900,"median":687500}],"seasoned":null,"compare":{"entity":{"loans":69,"median":699000,"p25":400000,"p75":1610000,"avg_rate":9.04,"median_term":120,"chargeoff_rate":null},"parents":[]},"concentration":{"by":"lender","top1":0.5652,"top3":0.8261,"n3plus":2,"distinct":13},"recent":{"loans":38,"median":616000,"prior_loans":20,"change":0.9},"size_mix":{"lt350k":0.1884,"350k_1m":0.4058,"1m_2m":0.1739,"gt2m":0.2319},"top_states":[{"key":"PA","loans":8,"dollars":11633000,"name":"Pennsylvania","slug":"pa"},{"key":"MI","loans":8,"dollars":10685000,"name":"Michigan","slug":"mi"},{"key":"CO","loans":6,"dollars":4344000,"name":"Colorado","slug":"co"},{"key":"CA","loans":5,"dollars":3753000,"name":"California","slug":"ca"},{"key":"NC","loans":4,"dollars":7700000,"name":"North Carolina","slug":"nc"},{"key":"WA","loans":4,"dollars":5213000,"name":"Washington","slug":"wa"},{"key":"WI","loans":3,"dollars":7031000,"name":"Wisconsin","slug":"wi"},{"key":"VA","loans":3,"dollars":4865000,"name":"Virginia","slug":"va"},{"key":"MO","loans":3,"dollars":3721900,"name":"Missouri","slug":"mo"},{"key":"TX","loans":3,"dollars":2033000,"name":"Texas","slug":"tx"}],"top_lenders":[{"key":"Live Oak Banking Company","loans":39,"dollars":39773000,"name":"Live Oak Banking Company","slug":"live-oak-banking-company"},{"key":"Byline Bank","loans":16,"dollars":18320000,"name":"Byline Bank","slug":"byline-bank"},{"key":"CCFBank National Association","loans":2,"dollars":5387000,"name":"CCFBank National Association","slug":"ccfbank-national-association"},{"key":"Associated Bank National Association","loans":2,"dollars":1575000,"name":"Associated Bank National Association","slug":"associated-bank-national-association"},{"key":"The Huntington National Bank","loans":2,"dollars":775000,"name":"The Huntington National Bank","slug":"the-huntington-national-bank"},{"key":"Beacon Bank and Trust","loans":1,"dollars":4145000,"name":"Beacon Bank and Trust","slug":"beacon-bank-and-trust"},{"key":"ACNB Bank","loans":1,"dollars":3500000,"name":"ACNB Bank","slug":null},{"key":"United Midwest Savings Bank National Association","loans":1,"dollars":2200000,"name":"United Midwest Savings Bank National Association","slug":"united-midwest-savings-bank-national-association"},{"key":"Bank of Springfield","loans":1,"dollars":2000000,"name":"Bank of Springfield","slug":"bank-of-springfield"},{"key":"Pentucket Bank","loans":1,"dollars":2000000,"name":"Pentucket Bank","slug":null}],"top_franchises":[{"key":"S0113","loans":3,"dollars":3446000,"name":"Ameriprise Financial","slug":"ameriprise-financial"}]}}