Home Centers: SBA business acquisition loan data
31 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Home Centers (NAICS 444110), totaling $33.9M. Median loan $900,000, 39% higher than the all-acquisition median. 23% of these deals were franchised units.
The purchase agreement decides what you bought, not the loan approval.
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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 $1,299,500 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.1% of all SBA-financed business purchases, ranking #218 of 300 industries tracked.
- Geography. Ohio leads with 4 loans; the top five states account for 39% of the industry's acquisitions.
- Jobs. Lenders reported 313 jobs supported across these loans, about 10.1 per acquisition, a rough proxy for the size of business changing hands.
Home Centers acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 2 | $5.8M | $2,908,500 | |
| FY2020 | 5 | $4M | $649,000 | |
| FY2021 | 1 | $700K | $700,000 | |
| FY2022 | 6 | $4.7M | $858,650 | |
| FY2023 | 7 | $6.9M | $927,000 | |
| FY2024 | 6 | $4.9M | $833,850 | |
| FY2025 | 2 | $2.5M | $1,228,750 | |
| FY2026 | 2 | $4.3M | $2,157,950 |
How often do these acquisition loans fail?
Fewer than 20 Home Centers acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"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.
The purchase agreement decides what you bought, not the loan approval.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Ohio | 4 | 12.9% | $1.7M | |
| 2 | South Dakota | 2 | 6.5% | $4.5M | |
| 3 | California | 2 | 6.5% | $3M | |
| 4 | Washington | 2 | 6.5% | $1.9M | |
| 5 | Missouri | 2 | 6.5% | $1.7M | |
| 6 | New York | 2 | 6.5% | $1.5M | |
| 7 | Colorado | 2 | 6.5% | $1.5M | |
| 8 | Kansas | 2 | 6.5% | $1.1M | |
| 9 | Florida | 2 | 6.5% | $855K | |
| 10 | Arkansas | 1 | 3.2% | $4.5M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | The State Bank and Trust Company | 4 | 12.9% | $1.7M | |
| 2 | Newtek Small Business Finance, LLC | 2 | 6.5% | $5.1M | |
| 3 | Midwest Regional Bank | 2 | 6.5% | $2.4M | |
| 4 | OMB Bank | 2 | 6.5% | $1.7M | |
| 5 | First Bank & Trust | 1 | 3.2% | $3.8M | |
| 6 | West Coast Community Bank | 1 | 3.2% | $2.5M | |
| 7 | T Bank, National Association | 1 | 3.2% | $2M | |
| 8 | Rockland Trust Company | 1 | 3.2% | $1.4M | |
| 9 | Citizens State Bank of New Castle | 1 | 3.2% | $1.4M | |
| 10 | First-Citizens Bank & Trust Company | 1 | 3.2% | $1.3M |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Franchise brands in Home Centers
23% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Ace Hardware | 3 | 42.9% | $2.1M | |
| 2 | Do it Best | 1 | 14.3% | $1.3M | |
| 3 | True Value | 1 | 14.3% | $927K |
Questions buyers ask
How much is a typical SBA loan to buy a business in Home Centers?
Median $900,000 across 31 acquisition loans (FY2018 to FY2026); the middle half ran $522,300 to $1,299,500. That is 39% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Home Centers acquisitions?
The State Bank and Trust Company (4), Newtek Small Business Finance, LLC (2), Midwest Regional Bank (2), OMB Bank (2), First Bank & Trust (1).
Are businesses in Home Centers often franchised?
Yes, often. 23% of SBA acquisition loans in this industry financed a franchised unit. Top brands: Ace Hardware, Do it Best, True Value.
How risky are SBA loans for buying a business in Home Centers?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for Home Centers acquisitions?
Median term 10 years, average initial rate 7.63% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
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