Couriers and Express Delivery Services acquisitions in Pennsylvania: SBA loan data
Since FY2018, SBA lenders have approved 27 7(a) loans to buy an existing business classified as Couriers and Express Delivery Services in Pennsylvania, totaling $24.1M. The median loan was $721,700. That is 1.5% of the 1,765 acquisition loans in Pennsylvania.
Seller note standby terms and third-party consents are reviewed before closing.
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How this compares
The median Couriers and Express Delivery Services loan in Pennsylvania is 35% higher than the $535,000 median for all Pennsylvania acquisitions, and 7% higher than the $673,000 median for Couriers and Express Delivery Services acquisitions nationwide (363 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 4.7% of seasoned Couriers and Express Delivery Services acquisition loans were charged off, and 2.1% of seasoned Pennsylvania acquisition loans of any type.
Couriers and Express Delivery Services acquisition loans in Pennsylvania by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $699K | $349,500 | |
| FY2019 | 2 | $577K | $288,500 | |
| FY2020 | 1 | $722K | $721,700 | |
| FY2021 | 2 | $913K | $456,500 | |
| FY2022 | 2 | $3.9M | $1,950,000 | |
| FY2023 | 0 | $0 | - | |
| FY2024 | 6 | $4.5M | $780,250 | |
| FY2025 | 6 | $4.5M | $473,150 | |
| FY2026 | 6 | $8.3M | $1,158,550 |
How often do these acquisition loans fail?
Fewer than 20 Couriers and Express Delivery Services in Pennsylvania 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.
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Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Falcon National Bank | 15 | 55.6% | $13.8M | |
| 2 | Stearns Bank National Association | 4 | 14.8% | $1.3M | |
| 3 | Byline Bank | 2 | 7.4% | $3.9M | |
| 4 | Celtic Bank Corporation | 2 | 7.4% | $1.5M | |
| 5 | Lendistry SBLC, LLC | 1 | 3.7% | $1.7M |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | The UPS Store | 2 | 7.4% | $582K |
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Questions buyers ask
How much do SBA loans for Couriers and Express Delivery Services acquisitions in Pennsylvania run?
The median SBA 7(a) loan was $721,700 across 27 loans (FY2018 to FY2026), with the middle half between $288,500 and $1,389,650. 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 Couriers and Express Delivery Services acquisitions in Pennsylvania?
Falcon National Bank (15), Stearns Bank National Association (4), Byline Bank (2), Celtic Bank Corporation (2), Lendistry SBLC, LLC (1). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Couriers and Express Delivery Services acquisition loans fail in Pennsylvania?
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 Couriers and Express Delivery Services acquisitions in Pennsylvania?
2 of the 27 loans (7%) involved a franchise brand, most often The UPS Store (2).
Seller note standby terms and third-party consents are reviewed before closing.
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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.