All Other Specialty Trade Contractors acquisitions in Ohio: SBA loan data
Since FY2018, SBA lenders have approved 25 7(a) loans to buy an existing business classified as All Other Specialty Trade Contractors in Ohio, totaling $31.6M. The median loan was $890,000. That is 1.4% of the 1,821 acquisition loans in Ohio.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
How this compares
The median All Other Specialty Trade Contractors loan in Ohio is 62% higher than the $549,000 median for all Ohio acquisitions, and 32% higher than the $673,500 median for All Other Specialty Trade Contractors acquisitions nationwide (884 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 4.2% of seasoned All Other Specialty Trade Contractors acquisition loans were charged off, and 1.9% of seasoned Ohio acquisition loans of any type.
All Other Specialty Trade Contractors acquisition loans in Ohio by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 1 | $465K | $465,000 | |
| FY2019 | 1 | $1.6M | $1,590,000 | |
| FY2020 | 4 | $8.7M | $2,393,000 | |
| FY2021 | 5 | $3.4M | $805,100 | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 1 | $5M | $5,000,000 | |
| FY2024 | 4 | $3.9M | $766,700 | |
| FY2025 | 3 | $4.3M | $955,700 | |
| FY2026 | 6 | $4.2M | $298,600 |
How often do these acquisition loans fail?
Fewer than 20 All Other Specialty Trade Contractors in Ohio 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.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 9 | 36.0% | $10.8M | |
| 2 | Live Oak Banking Company | 5 | 20.0% | $8.3M | |
| 3 | The State Bank and Trust Company | 3 | 12.0% | $5.4M | |
| 4 | Eclipse Bank Inc | 2 | 8.0% | $2.2M | |
| 5 | Fifth Third Bank | 2 | 8.0% | $955K |
Top franchise brands
No franchise brands recorded in this combination.
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 All Other Specialty Trade Contractors acquisitions in Ohio run?
The median SBA 7(a) loan was $890,000 across 25 loans (FY2018 to FY2026), with the middle half between $300,000 and $1,700,000. 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 Ohio?
The Huntington National Bank (9), Live Oak Banking Company (5), The State Bank and Trust Company (3), Eclipse Bank Inc (2), Fifth Third Bank (2). 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 Ohio?
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 All Other Specialty Trade Contractors acquisitions in Ohio?
None of the 25 loans in this combination were recorded with a franchise brand.
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
- All Ohio 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 California
- 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
- Hotels and Motels in Ohio
- Limited-Service Restaurants in Ohio
- Full-Service Restaurants in Ohio
- Offices of Dentists in Ohio
- Plumbing, Heating, and Air-Conditioning Contractors in Ohio
- Offices of Certified Public Accountants in Ohio
- General Automotive Repair in Ohio
- Child Care Services in Ohio
Small samples move a lot: each loan in this combination is 4% of the count. Industry is the NAICS code the lender recorded. See the methodology.