NAICS 481211 · Transportation
SBA loans for nonscheduled chartered passenger air transportation
150 SBA loans worth $142.5M have been approved in this industry since FY2010 - the #602 most-financed NAICS code in the country.
Median loan
$350,000
+94% vs all industries
Typical range
$39K-$2.6M
Middle 80%
Median rate
6.25%
7(a) initial note rate
Median term
10 yr
Charge-off rate
10.3%
vs 7.6% all industries
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Most active in this industry
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Alaska Growth Capital BIDCO, Inc. | 11 | $18.3M | |
| Newtek Small Business Finance, Inc. | 7 | $17.5M | |
| U.S. Bank | 8 | $9.4M | |
| Choice Financial Group | 2 | $6.6M | |
| Stone Bank | 5 | $6.4M | |
| United Bank | 4 | $6.0M | |
| FDIC - Community Bank & Trust-West Georgia | 3 | $5.3M | |
| Silvergate Bank | 1 | $4.5M | |
| Century Bank | 1 | $4.1M | |
| Meridian Bank | 1 | $4.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Florida | 27 | |
| Alaska | 23 | |
| California | 17 | |
| Ohio | 10 | |
| Texas | 8 | |
| Michigan | 6 | |
| Georgia | 6 | |
| Pennsylvania | 4 |
Approvals by fiscal year
’10
’11
’12
’13
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K11%
- $50K - $150K20%
- $150K - $350K17%
- $350K - $1M18%
- $1M - $2M15%
- Over $2M18%
Nearby
Other transportation industries
General Freight Trucking, Long-Distance, Truckload16,409 · $53,000General Freight Trucking, Local13,654 · $50,900Specialized Freight (except Used Goods) Trucking, Local3,193 · $65,000Freight Transportation Arrangement2,161 · $150,000Motor Vehicle Towing2,100 · $130,000Specialized Freight (except Used Goods) Trucking, Long-Distance1,604 · $55,750Used Household and Office Goods Moving1,498 · $150,000Limousine Service1,190 · $50,000
Common questions
- How much do SBA lenders typically lend to a nonscheduled chartered passenger air transportation business?
- The median SBA approval in NAICS 481211 is $350,000, with the middle 80% of loans between $39,000 and $2,647,400. Across all industries the median is $180,000.
- Which lenders are most active in nonscheduled chartered passenger air transportation?
- By dollars approved: Alaska Growth Capital BIDCO, Inc., Newtek Small Business Finance, Inc., U.S. Bank, Choice Financial Group, Stone Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
- Is nonscheduled chartered passenger air transportation considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 10.3% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.
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