Skip to search results
LenderHawk
FindCompareLearn
See LendersFind SBA Lenders
LenderHawk

Find the right SBA lender based on real data. Free, objective, no middleman.

Built on real SBA lending data, FY2010–FY2025.

Find

  • Search Lenders
  • Lender Directory
  • By State
  • By Industry
  • 7(a) Program
  • 504 Program
  • Loan Purposes
  • Compare Lenders

Learn

  • Guides
  • Insights
  • Deal Breakdowns
  • Methodology
  • How It Works

Tools

  • All Tools
  • Rate Spread
  • DSCR
  • Down Payment
  • Affordability
  • Borrower Journey

About

  • About
  • For Lenders
  • For Brokers

© 2026 LenderHawk

SitemapPrivacyTerms
Podcasts/Acquiring Minds
Acquiring MindsDecember 14, 2023✓ Verified in SBA records

Scaling Sweaty Services with a Brokerage Model

with Eddy Zakes · Earth Development

Listen to Episode →

LenderHawk analysis. Not affiliated with or endorsed by Acquiring Minds.

The Deal

Business
Earth Development
Industry
landscaping and snow removal brokerage
State
WI
Purchase Price
$12.0M
Multiple
5.7x
Year
2021
Deal Source
other

Financing Structure

Investor Equity
Bank Loan

Strategic Rationale

To acquire high-margin, asset-light service business with scalability via a brokerage model.

Post-Acquisition Performance

Revenue doubled from $8M to $16M; EBITDA remained flat due to executive team investments.

The LenderHawk View

Real lenders that finance similar deals

Active Lenders
10
Median Spread
P + 2.50%
Top Lenders
U.S. Bank, National Association182 deals
Associated Bank, National Association123 deals
Bank Five Nine81 deals
Summit CU77 deals
Wisconsin Women's Business Initiative Corporation70 deals
See all matching lenders →

Matched SBA Loan Records

SBA loan filings we matched to this deal

Community State Bank95%
$250KP + 1.75%FY2018
IncredibleBank95%
$633KP + 2.00%FY2016
WNB Financial, National Association95%
$82KP + 0.75%FY2017

Want the Full Story?

The full narrative — the personal details, the hard moments, the host conversation — only lives in the original. Go listen.

Listen on Acquiring Minds