German American Bank: SBA business acquisition lending record
German American Bank (home state IN) approved 63 SBA 7(a) loans to buy existing businesses since FY2018, totaling $40M. The median loan was $425,000. It ranks number 141 of 280 lenders by count and made 0.1% of all SBA acquisition loans nationally.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
What this tells a borrower
- Deal size it funds. Half of its acquisition loans fell between $210,950 and $723,350. If your deal sits well outside that band, this lender may be less practiced at it.
- Geographic reach. Indiana is the largest state (43% of loans). Loans appear in only 3 states, which points to a regional lender.
- Industry concentration. Limited-Service Restaurants is 16% of its acquisition loans. The mix is spread across several industries.
- Overall 7(a) volume. 224 SBA 7(a) loans of any purpose since FY2020, totaling $80.3M. 44% of its acquisition loans were processed under the Preferred Lenders Program.
- Franchise share. 21% of its acquisition loans involved a franchise brand, against 18% for all lenders.
- Seasoned performance. Of its loans from FY2018 to FY2021: none charged off, against the 3.5% national average.
German American Bank acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 9 | $6.7M | $436,200 | |
| FY2019 | 9 | $7.4M | $611,500 | |
| FY2020 | 13 | $4.6M | $257,000 | |
| FY2021 | 14 | $7.2M | $468,650 | |
| FY2022 | 8 | $3.1M | $412,500 | |
| FY2023 | 5 | $3.2M | $450,000 | |
| FY2024 | 1 | $630K | $630,000 | |
| FY2025 | 2 | $6.3M | $3,140,150 | |
| FY2026 | 2 | $927K | $463,250 |
How often do these acquisition loans fail?
Of the 45 German American Bank acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), none have been charged off by the SBA. 22 have already been paid in full.
For comparison, German American Bank has none charged off, against the 3.5% average across all SBA 7(a) acquisition loans in the same cohort. 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.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
States served
Industries financed
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Limited-Service Restaurants | 10 | 15.9% | $2.9M | |
| 2 | Drycleaning and Laundry Services (except Coin-Operated) | 2 | 3.2% | $2.9M | |
| 3 | Hotels (except Casino Hotels) and Motels | 2 | 3.2% | $2.8M | |
| 4 | Funeral Homes and Funeral Services | 2 | 3.2% | $1.6M | |
| 5 | Full-Service Restaurants | 2 | 3.2% | $1.3M | |
| 6 | Sports and Recreation Instruction | 2 | 3.2% | $1.2M | |
| 7 | Insurance Agencies and Brokerages | 2 | 3.2% | $1M | |
| 8 | Fitness and Recreational Sports Centers | 2 | 3.2% | $823K | |
| 9 | All Other Personal Services | 2 | 3.2% | $657K | |
| 10 | Offices of Chiropractors | 2 | 3.2% | $382K |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Franchise brands financed
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Subway | 3 | 4.8% | $852K | |
| 2 | CRDN | 2 | 3.2% | $2.9M | |
| 3 | Econo Lodge | 2 | 3.2% | $2.8M | |
| 4 | Bin There...Dump That | 1 | 1.6% | $942K | |
| 5 | Anytime Fitness | 1 | 1.6% | $653K | |
| 6 | Dairy Queen | 1 | 1.6% | $468K | |
| 7 | Little Caesars | 1 | 1.6% | $279K | |
| 8 | Rainbow Restoration | 1 | 1.6% | $225K |
Questions buyers ask
Does German American Bank make SBA acquisition loans?
Yes. German American Bank approved 63 SBA 7(a) loans to buy existing businesses from FY2018 to FY2026, ranking number 141 of 280 lenders with 25 or more such loans. The SBA file shows past approvals only; it cannot tell you whether the lender will approve a particular buyer or deal.
How large are German American Bank's acquisition loans?
The median was $425,000, with the middle half between $210,950 and $723,350. The national median is $645,250, so this lender's typical loan is 34% lower than the national figure.
Which states does German American Bank lend in?
Indiana (27), Ohio (25), Kentucky (11). Its loans appear in 3 states, so it is closer to a regional lender.
Which industries does German American Bank finance?
Limited-Service Restaurants (10), Drycleaning and Laundry Services (except Coin-Operated) (2), Hotels (except Casino Hotels) and Motels (2), Funeral Homes and Funeral Services (2), Full-Service Restaurants (2). The top industry is 16% of its acquisition loans.
How have German American Bank's acquisition loans performed?
Of 45 loans approved FY2018 to FY2021: none charged off, against the 3.5% national acquisition average. Charge-offs reflect the borrowers and industries a lender serves as well as its underwriting.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- Indiana acquisitions
- Ohio acquisitions
- Kentucky acquisitions
- Limited-Service Restaurants
- Drycleaning and Laundry Services (except Coin-Operated)
- Hotels (except Casino Hotels) and Motels
- All lenders
Figures are aggregates of public SBA data. This page is not provided or endorsed by German American Bank.