All Other Specialty Trade Contractors acquisitions in California: SBA loan data
Since FY2018, SBA lenders have approved 60 7(a) loans to buy an existing business classified as All Other Specialty Trade Contractors in California, totaling $71.5M. The median loan was $707,000. That is 1.2% of the 5,184 acquisition loans in California.
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How this compares
The median All Other Specialty Trade Contractors loan in California is 18% higher than the $600,000 median for all California acquisitions, and in line with the $673,500 median for All Other Specialty Trade Contractors acquisitions nationwide (884 loans).
On losses, none of the 20 seasoned All Other Specialty Trade Contractors loans in California were charged off, against the 4.1% rate for all California acquisitions, and against the 4.2% rate for the industry nationally.
All Other Specialty Trade Contractors acquisition loans in California by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 4 | $4.6M | $750,050 | |
| FY2019 | 2 | $3.6M | $1,817,400 | |
| FY2020 | 6 | $4.2M | $413,700 | |
| FY2021 | 8 | $9.8M | $605,000 | |
| FY2022 | 6 | $7.9M | $350,000 | |
| FY2023 | 10 | $6.7M | $535,000 | |
| FY2024 | 4 | $3.9M | $762,000 | |
| FY2025 | 13 | $16.3M | $1,327,700 | |
| FY2026 | 7 | $14.5M | $1,122,000 |
How often do these acquisition loans fail?
Of the 20 All Other Specialty Trade Contractors in California 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. 6 have already been paid in full.
For comparison, All Other Specialty Trade Contractors in California 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.
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Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 14 | 23.3% | $7.7M | |
| 2 | Exchange Bank | 5 | 8.3% | $1.4M | |
| 3 | CDC Small Business Finance Corp. | 4 | 6.7% | $1.1M | |
| 4 | Pathward National Association | 3 | 5.0% | $8.1M | |
| 5 | Celtic Bank Corporation | 3 | 5.0% | $6.9M |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Servpro | 5 | 8.3% | $3.6M | |
| 2 | Rainbow Restoration | 2 | 3.3% | $625K | |
| 3 | Screenmobile | 2 | 3.3% | $587K | |
| 4 | Budget Blinds | 1 | 1.7% | $436K |
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Questions buyers ask
How much do SBA loans for All Other Specialty Trade Contractors acquisitions in California run?
The median SBA 7(a) loan was $707,000 across 60 loans (FY2018 to FY2026), with the middle half between $343,350 and $1,849,150. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance All Other Specialty Trade Contractors acquisitions in California?
Live Oak Banking Company (14), Exchange Bank (5), CDC Small Business Finance Corp. (4), Pathward National Association (3), Celtic Bank Corporation (3). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do All Other Specialty Trade Contractors acquisition loans fail in California?
Of 20 seasoned loans (FY2018 to FY2021), none were charged off, against the 3.5% rate for all SBA acquisition loans. With a sample this size, treat the figure as a direction, not a precise rate.
Are franchised businesses part of All Other Specialty Trade Contractors acquisitions in California?
10 of the 60 loans (17%) involved a franchise brand, most often Servpro (5).
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
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Related
- All California acquisitions
- All Other Specialty Trade Contractors nationally
- All Other Specialty Trade Contractors in Florida
- All Other Specialty Trade Contractors in Texas
- All Other Specialty Trade Contractors in Minnesota
- All Other Specialty Trade Contractors in North Carolina
- All Other Specialty Trade Contractors in Colorado
- All Other Specialty Trade Contractors in Pennsylvania
- All Other Specialty Trade Contractors in Washington
- All Other Specialty Trade Contractors in Illinois
- Full-Service Restaurants in California
- Beer, Wine, and Liquor Retailers in California
- Limited-Service Restaurants in California
- Gasoline Stations with Convenience Stores in California
- Convenience Retailers in California
- Hotels and Motels in California
- General Automotive Repair in California
- Supermarkets and Other Grocery Retailers in California
Small samples move a lot: each loan in this combination is 2% of the count. Industry is the NAICS code the lender recorded. See the methodology.