Motor Vehicle Supplies and New Parts Merchant Wholesalers: SBA business acquisition loan data
38 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Motor Vehicle Supplies and New Parts Merchant Wholesalers (NAICS 423120), totaling $46.5M. Median loan $669,750, in line with the all-acquisition median.
Terms signed in the LOI shape the purchase agreement that follows.
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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 $2,072,225 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 #194 of 300 industries tracked.
- Geography. Texas leads with 5 loans; the top five states account for 45% of the industry's acquisitions.
- Jobs. Lenders reported 380 jobs supported across these loans, about 10.0 per acquisition, a rough proxy for the size of business changing hands.
Motor Vehicle Supplies and New Parts Merchant Wholesalers acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $891K | $445,250 | |
| FY2019 | 8 | $8.9M | $639,750 | |
| FY2020 | 3 | $1.1M | $465,000 | |
| FY2021 | 6 | $8.1M | $775,000 | |
| FY2022 | 4 | $5M | $922,250 | |
| FY2023 | 1 | $2M | $2,048,900 | |
| FY2024 | 7 | $6.3M | $486,500 | |
| FY2025 | 3 | $3.2M | $660,000 | |
| FY2026 | 4 | $10.9M | $2,590,000 |
How often do these acquisition loans fail?
Fewer than 20 Motor Vehicle Supplies and New Parts Merchant Wholesalers 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.
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Top states
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 6 | 15.8% | $6.2M | |
| 2 | Beacon Bank and Trust | 4 | 10.5% | $6M | |
| 3 | Live Oak Banking Company | 4 | 10.5% | $5M | |
| 4 | Fifth Third Bank | 2 | 5.3% | $5.7M | |
| 5 | 22nd State Bank, A Division of 22nd State Banking Company | 2 | 5.3% | $1.2M | |
| 6 | Manufacturers and Traders Trust Company | 2 | 5.3% | $860K | |
| 7 | Old National Bank | 2 | 5.3% | $150K | |
| 8 | Byline Bank | 1 | 2.6% | $4.3M | |
| 9 | Mission Bank | 1 | 2.6% | $2.7M | |
| 10 | First Commonwealth Bank | 1 | 2.6% | $2.6M |
The purchase agreement decides what you bought, not the loan approval.
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Franchise brands in Motor Vehicle Supplies and New Parts Merchant Wholesalers
16% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | 1-800-Radiator & A/C | 2 | 33.3% | $1.4M |
Questions buyers ask
How much is a typical SBA loan to buy a business in Motor Vehicle Supplies and New Parts Merchant Wholesalers?
Median $669,750 across 38 acquisition loans (FY2018 to FY2026); the middle half ran $436,875 to $2,072,225. That is in line with the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Motor Vehicle Supplies and New Parts Merchant Wholesalers acquisitions?
The Huntington National Bank (6), Beacon Bank and Trust (4), Live Oak Banking Company (4), Fifth Third Bank (2), 22nd State Bank, A Division of 22nd State Banking Company (2).
Are businesses in Motor Vehicle Supplies and New Parts Merchant Wholesalers often franchised?
Sometimes. 16% of SBA acquisition loans in this industry financed a franchised unit. Top brands: 1-800-Radiator & A/C.
How risky are SBA loans for buying a business in Motor Vehicle Supplies and New Parts Merchant Wholesalers?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for Motor Vehicle Supplies and New Parts Merchant Wholesalers acquisitions?
Median term 10 years, average initial rate 7.69% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
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