Clothing and Clothing Accessories Retailers acquisitions in Missouri: SBA loan data
Since FY2018, SBA lenders have approved 10 7(a) loans to buy an existing business classified as Clothing and Clothing Accessories Retailers in Missouri, totaling $4.2M. The median loan was $317,600. That is 0.9% of the 1,098 acquisition loans in Missouri.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
How this compares
The median Clothing and Clothing Accessories Retailers loan in Missouri is 45% lower than the $580,000 median for all Missouri acquisitions, and 7% lower than the $341,000 median for Clothing and Clothing Accessories Retailers acquisitions nationwide (261 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 3.5% of seasoned Clothing and Clothing Accessories Retailers acquisition loans were charged off, and 2.9% of seasoned Missouri acquisition loans of any type.
Clothing and Clothing Accessories Retailers acquisition loans in Missouri by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 3 | $514K | $173,400 | |
| FY2019 | 2 | $135K | $67,300 | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 1 | $370K | $370,000 | |
| FY2022 | 1 | $1.3M | $1,261,000 | |
| FY2023 | 2 | $888K | $444,150 | |
| FY2024 | 1 | $1.1M | $1,078,000 | |
| FY2025 | 0 | $0 | - | |
| FY2026 | 0 | $0 | - |
How often do these acquisition loans fail?
Fewer than 20 Clothing and Clothing Accessories Retailers in Missouri 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.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | St. Louis Bank | 2 | 20.0% | $2.3M | |
| 2 | Southern Bank | 2 | 20.0% | $473K | |
| 3 | OakStar Bank | 2 | 20.0% | $107K | |
| 4 | Peoples National Bank National Association | 1 | 10.0% | $450K | |
| 5 | The Bancorp Bank National Association | 1 | 10.0% | $438K |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Plato's Closet | 1 | 10.0% | $370K | |
| 2 | Once Upon A Child | 1 | 10.0% | $173K |
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
Questions buyers ask
How much do SBA loans for Clothing and Clothing Accessories Retailers acquisitions in Missouri run?
The median SBA 7(a) loan was $317,600 across 10 loans (FY2018 to FY2026). 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 Clothing and Clothing Accessories Retailers acquisitions in Missouri?
St. Louis Bank (2), Southern Bank (2), OakStar Bank (2), Peoples National Bank National Association (1), The Bancorp Bank National Association (1).
How often do Clothing and Clothing Accessories Retailers acquisition loans fail in Missouri?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Clothing and Clothing Accessories Retailers acquisitions in Missouri?
2 of the 10 loans (20%) involved a franchise brand, most often Plato's Closet (1).
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Missouri acquisitions
- Clothing and Clothing Accessories Retailers nationally
- Full-Service Restaurants in Missouri
- Hotels and Motels in Missouri
- Limited-Service Restaurants in Missouri
- General Automotive Repair in Missouri
- Plumbing, Heating, and Air-Conditioning Contractors in Missouri
- All Other Specialty Trade Contractors in Missouri
- Car Washes in Missouri
- Child Care Services in Missouri
Small samples move a lot: each loan in this combination is 10% of the count. Industry is the NAICS code the lender recorded. See the methodology.