SBA Acquisition Data

All Other Miscellaneous Fabricated Metal Product Manufacturing: SBA business acquisition loan data

139 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS 332999), totaling $232M. Median loan $1,100,000, 70% higher than the all-acquisition median.

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SBA-financed deals. All 50 states.

acquisition loans
139
FY2018 to FY2026
total approved
$232M
gross loan amount
median loan
$1,100,000
middle half: $434K to $2.7M
avg initial rate
7.65%
at approval, mixed years
median term
10 years
120 months
charge-off rate
3.5%
FY2018 to FY2021 cohort, 58 loans

Reading this industry's numbers

  • Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $2,656,850 would be in the top quarter of SBA acquisition loans in this industry.
  • Share of all acquisitions. This industry is 0.3% of all SBA-financed business purchases, ranking #71 of 300 industries tracked.
  • Geography. California leads with 17 loans; the top five states account for 44% of the industry's acquisitions.
  • Jobs. Lenders reported 2,742 jobs supported across these loans, about 19.7 per acquisition, a rough proxy for the size of business changing hands.

All Other Miscellaneous Fabricated Metal Product Manufacturing acquisitions by year

All Other Miscellaneous Fabricated Metal Product Manufacturing SBA acquisition loans by fiscal year. SBA fiscal years run October 1 to September 30.
Fiscal yearLoansTotal approvedMedian loan
FY2018 7
$13.8M $1,739,700
FY2019 18
$31.7M $1,470,000
FY2020 13
$28.6M $1,550,000
FY2021 20
$30.4M $876,100
FY2022 12
$22.9M $1,665,000
FY2023 18
$25.9M $773,100
FY2024 15
$20.6M $602,000
FY2025 20
$32.7M $805,250
FY2026 16
$25.7M $1,168,500

How often do these acquisition loans fail?

Of the 58 All Other Miscellaneous Fabricated Metal Product Manufacturing acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 2 have been charged off by the SBA, a rate of 3.5% by loan count and 2.2% by dollars. 28 have already been paid in full.

For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so All Other Miscellaneous Fabricated Metal Product Manufacturing is in line with the acquisition-loan average. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.

Small sample: 58 seasoned loans. Read it as a direction, not a precise figure.

"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.

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Top states

State ranked by SBA acquisition loans
#StateLoansShareDollars
1California17
12.2%$32.6M
2Wisconsin12
8.6%$24M
3Illinois12
8.6%$16.6M
4Ohio10
7.2%$18.7M
5Minnesota10
7.2%$10.8M
6Texas9
6.5%$20.4M
7Michigan9
6.5%$12.1M
8New York7
5.0%$9.1M
9Missouri5
3.6%$10.1M
10Kentucky5
3.6%$9.8M

Most active lenders

Lender ranked by SBA acquisition loans
#LenderLoansShareDollars
1The Huntington National Bank19
13.7%$24.2M
2Live Oak Banking Company11
7.9%$24.1M
3Old National Bank10
7.2%$20.5M
4Byline Bank5
3.6%$4.2M
5Celtic Bank Corporation4
2.9%$8.1M
6Beacon Bank and Trust4
2.9%$3.2M
7Pathward National Association3
2.2%$5.3M
8CRF Small Business Loan Company, LLC3
2.2%$5.3M
9First Internet Bank of Indiana3
2.2%$4.8M
10Associated Bank National Association3
2.2%$4.7M
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Questions buyers ask

How much is a typical SBA loan to buy a business in All Other Miscellaneous Fabricated Metal Product Manufacturing?

Median $1,100,000 across 139 acquisition loans (FY2018 to FY2026); the middle half ran $433,800 to $2,656,850. That is 70% higher than the $645,250 median for all SBA-financed acquisitions.

Which lenders finance the most All Other Miscellaneous Fabricated Metal Product Manufacturing acquisitions?

The Huntington National Bank (19), Live Oak Banking Company (11), Old National Bank (10), Byline Bank (5), Celtic Bank Corporation (4).

Are businesses in All Other Miscellaneous Fabricated Metal Product Manufacturing often franchised?

Rarely. Only 0% of acquisition loans in this industry involved a franchised business; most are independent operators.

How risky are SBA loans for buying a business in All Other Miscellaneous Fabricated Metal Product Manufacturing?

Of 58 seasoned loans (FY2018 to FY2021), 3.5% charged off, in line with the 3.5% benchmark for all SBA acquisition loans.

What loan terms are common for All Other Miscellaneous Fabricated Metal Product Manufacturing acquisitions?

Median term 10 years, average initial rate 7.65% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.

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