Other Technical and Trade Schools: SBA business acquisition loan data
22 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Other Technical and Trade Schools (NAICS 611519), totaling $26.1M. Median loan $635,000, in line with the all-acquisition median.
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 $1,717,325 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is less than 0.05% of all SBA-financed business purchases, ranking #274 of 300 industries tracked.
- Geography. Florida leads with 3 loans; the top five states account for 55% of the industry's acquisitions.
- Jobs. Lenders reported 398 jobs supported across these loans, about 18.1 per acquisition, a rough proxy for the size of business changing hands.
Other Technical and Trade Schools acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $411K | $205,500 | |
| FY2019 | 3 | $4.8M | $1,438,000 | |
| FY2020 | 4 | $3.3M | $599,500 | |
| FY2021 | 1 | $500K | $500,000 | |
| FY2022 | 3 | $1.8M | $645,000 | |
| FY2023 | 1 | $995K | $995,000 | |
| FY2024 | 2 | $7.5M | $3,750,000 | |
| FY2025 | 3 | $2.8M | $625,000 | |
| FY2026 | 3 | $4.1M | $1,676,000 |
How often do these acquisition loans fail?
Fewer than 20 Other Technical and Trade Schools 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.
Terms signed in the LOI shape the purchase agreement that follows.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Florida | 3 | 13.6% | $3.7M | |
| 2 | California | 3 | 13.6% | $1.5M | |
| 3 | Arizona | 2 | 9.1% | $4.4M | |
| 4 | Alabama | 2 | 9.1% | $2.1M | |
| 5 | Pennsylvania | 2 | 9.1% | $1.2M | |
| 6 | Utah | 1 | 4.5% | $5M | |
| 7 | Nebraska | 1 | 4.5% | $1.9M | |
| 8 | Washington | 1 | 4.5% | $1.7M | |
| 9 | Massachusetts | 1 | 4.5% | $1.7M | |
| 10 | Minnesota | 1 | 4.5% | $995K |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 3 | 13.6% | $3.1M | |
| 2 | Columbia Bank | 3 | 13.6% | $1.3M | |
| 3 | Live Oak Banking Company | 2 | 9.1% | $3.1M | |
| 4 | First Utah Bank | 1 | 4.5% | $5M | |
| 5 | Fifth Third Bank | 1 | 4.5% | $3M | |
| 6 | Core Bank | 1 | 4.5% | $1.9M | |
| 7 | First Business Bank | 1 | 4.5% | $1.7M | |
| 8 | TruNorth Bank | 1 | 4.5% | $1.7M | |
| 9 | VelocitySBA, LLC | 1 | 4.5% | $1.4M | |
| 10 | North Shore Bank of Commerce | 1 | 4.5% | $995K |
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Questions buyers ask
How much is a typical SBA loan to buy a business in Other Technical and Trade Schools?
Median $635,000 across 22 acquisition loans (FY2018 to FY2026); the middle half ran $420,475 to $1,717,325. That is in line with the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Other Technical and Trade Schools acquisitions?
The Huntington National Bank (3), Columbia Bank (3), Live Oak Banking Company (2), First Utah Bank (1), Fifth Third Bank (1).
Are businesses in Other Technical and Trade Schools often franchised?
Rarely. Only 5% of acquisition loans in this industry involved a franchised business; most are independent operators.
How risky are SBA loans for buying a business in Other Technical and Trade Schools?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for Other Technical and Trade Schools acquisitions?
Median term 10 years, average initial rate 7.42% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
The purchase agreement decides what you bought, not the loan approval.
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