Offices of Chiropractors acquisitions in Ohio: SBA loan data
Since FY2018, SBA lenders have approved 21 7(a) loans to buy an existing business classified as Offices of Chiropractors in Ohio, totaling $6.5M. The median loan was $283,500. That is 1.2% 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 Offices of Chiropractors loan in Ohio is 48% lower than the $549,000 median for all Ohio acquisitions, and in line with the $285,500 median for Offices of Chiropractors acquisitions nationwide (569 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 5.6% of seasoned Offices of Chiropractors acquisition loans were charged off, and 1.9% of seasoned Ohio acquisition loans of any type.
Offices of Chiropractors acquisition loans in Ohio by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $346K | $172,750 | |
| FY2019 | 1 | $552K | $552,400 | |
| FY2020 | 4 | $1.2M | $229,350 | |
| FY2021 | 2 | $603K | $301,500 | |
| FY2022 | 1 | $471K | $471,000 | |
| FY2023 | 6 | $2M | $359,250 | |
| FY2024 | 2 | $260K | $130,000 | |
| FY2025 | 2 | $388K | $193,750 | |
| FY2026 | 1 | $654K | $654,000 |
How often do these acquisition loans fail?
Fewer than 20 Offices of Chiropractors 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.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National Association | 3 | 14.3% | $1.6M | |
| 2 | The Huntington National Bank | 3 | 14.3% | $679K | |
| 3 | First Commonwealth Bank | 3 | 14.3% | $555K | |
| 4 | Columbia Bank | 2 | 9.5% | $718K | |
| 5 | First Financial Bank | 2 | 9.5% | $500K |
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 Offices of Chiropractors acquisitions in Ohio run?
The median SBA 7(a) loan was $283,500 across 21 loans (FY2018 to FY2026), with the middle half between $150,000 and $450,000. 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 Offices of Chiropractors acquisitions in Ohio?
United Midwest Savings Bank National Association (3), The Huntington National Bank (3), First Commonwealth Bank (3), Columbia Bank (2), First Financial Bank (2). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Offices of Chiropractors 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 Offices of Chiropractors acquisitions in Ohio?
None of the 21 loans in this combination were recorded with a franchise brand.
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 Ohio acquisitions
- Offices of Chiropractors nationally
- Offices of Chiropractors in Minnesota
- Offices of Chiropractors in Florida
- Offices of Chiropractors in Michigan
- Offices of Chiropractors in Illinois
- Offices of Chiropractors in Washington
- Offices of Chiropractors in Colorado
- Offices of Chiropractors in North Carolina
- Offices of Chiropractors in Pennsylvania
- 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
- Child Care Services in Ohio
- General Automotive Repair in Ohio
Small samples move a lot: each loan in this combination is 5% of the count. Industry is the NAICS code the lender recorded. See the methodology.