Updated with official SBA FOIA data through December 31, 2025
Looking for an SBA loan to buy or open a Ace Hardware franchise? Not all lenders are equal — some banks fund dozens of Ace Hardware deals per year while others have never touched one. Working with a lender who knows your franchise means faster approvals, better terms, and fewer surprises.
We analyzed every SBA 7(a) loan for Ace Hardware in 2025 using official FOIA data. Here are the lenders who fund the most deals.
Top SBA Lenders for Ace Hardware (2025)
| # | Lender | Loans | Volume | Avg Rate |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | 24 | $33.0M | 8.29% |
| 2 | ChoiceOne Bank | 4 | $3.4M | 7.88% |
| 3 | Wells Fargo Bank National Association | 3 | $2.6M | 8.30% |
| 4 | Northeast Bank | 2 | $3.5M | 8.88% |
| 5 | Newtek Bank, National Association | 2 | $620K | 10.00% |
| 6 | Village Bank and Trust, National Association | 2 | $1.8M | 7.95% |
| 7 | United Bank & Trust | 1 | $2.4M | 7.50% |
| 8 | Meadows Bank | 1 | $768K | 8.50% |
| 9 | Nicolet National Bank | 1 | $250K | 8.00% |
| 10 | Lendistry SBLC, LLC | 1 | $210K | 12.00% |
| 11 | BayFirst National Bank | 1 | $150K | 12.25% |
| 12 | BankVista | 1 | $150K | 8.50% |
| 13 | Signature Bank of Georgia | 1 | $90K | 9.50% |
| 14 | Bank of America, National Association | 1 | $448K | 6.74% |
| 15 | River Bank & Trust | 1 | $570K | 9.00% |
Key Stats
- Total SBA loans for Ace Hardware in 2025: 46
- Total volume: $49.9M
- Average loan size: $1.1M
- Average interest rate: 8.50%
- Rate range: 6.74% – 12.25%
- Top states: Michigan (9), California (8), Texas (5), Arizona (4), Wisconsin (3), Minnesota (3), Georgia (2), Kansas (1), North Carolina (1), Tennessee (1)
Why lender choice matters: The rate spread for Ace Hardware loans ranges from 6.74% to 12.25%. On a $1.1M loan, that’s a difference of $60K/year in interest. Choosing the right lender can save you thousands.
How to Get the Best SBA Loan for Ace Hardware
- Work with a lender who knows Ace Hardware — The lenders above have funded multiple Ace Hardware deals and understand the franchise model
- Submit to multiple lenders — Don’t accept the first term sheet. Competition drives rates down.
- Get your franchise agreement ready — SBA lenders will need your FDD, franchise agreement, and any territory documents
- Prepare financial projections — Most lenders require a business plan with 3-year projections for franchise loans
Getting an SBA Loan for Ace Hardware?
GoSBA submits your Ace Hardware deal to 50+ SBA lenders simultaneously — including all the top lenders listed above. Completely free, with a custom business plan & projections included.
Data source: U.S. Small Business Administration FOIA 7(a) loan data, calendar year 2025.
