How much do SBA lenders typically lend to a general freight trucking, long-distance, truckload business?

The median SBA approval in NAICS 484121 is $53,000, with the middle 80% of loans between $17,000 and $350,000. Across all industries the median is $180,000.

Which lenders are most active in general freight trucking, long-distance, truckload?

By dollars approved: The Huntington National Bank, Small Business Growth Corporation, Enterprise Bank & Trust, JPMorgan Chase Bank, Harvest Small Business Finance, LLC. 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 general freight trucking, long-distance, truckload considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.6% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 484121 · Transportation

SBA loans for general freight trucking, long-distance, truckload

16,409 SBA loans worth $3.29B have been approved in this industry since FY2010 - the #6 most-financed NAICS code in the country.

Median loan

$53,000

-71% vs all industries

Typical range

$17K-$350K

Middle 80%

Median rate

6.60%

7(a) initial note rate

Median term

7 yr

Charge-off rate

8.6%

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
The Huntington National Bank	7,737	$615.8M
Small Business Growth Corporation	80	$131.7M
Enterprise Bank & Trust	87	$111.2M
JPMorgan Chase Bank	1,081	$86.7M
Harvest Small Business Finance, LLC	46	$84.5M
Newtek Small Business Finance, Inc.	70	$82.8M
Wells Fargo Bank	995	$65.4M
U.S. Bank	316	$63.0M
SomerCor 504, Inc.	36	$61.9M
Northeast Bank	410	$54.3M

Geography

Where these loans were made

State	Loans	Share
Ohio	3,308
Michigan	3,089
Illinois	1,561
California	1,349
Indiana	1,052
Texas	801
Florida	563
Pennsylvania	385

Approvals by fiscal year

’10

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
44%
$50K - $150K
32%
$150K - $350K
13%
$350K - $1M
6%
$1M - $2M
3%
Over $2M
2%

Nearby

Other transportation industries

See the sector

General Freight Trucking, Local13,654 · $50,900 Specialized Freight (except Used Goods) Trucking, Local3,193 · $65,000 Freight Transportation Arrangement2,161 · $150,000 Motor Vehicle Towing2,100 · $130,000 Specialized Freight (except Used Goods) Trucking, Long-Distance1,604 · $55,750 Used Household and Office Goods Moving1,498 · $150,000 Limousine Service1,190 · $50,000 General Freight Trucking, Long-Distance, Less Than Truckload963 · $50,000

Common questions

How much do SBA lenders typically lend to a general freight trucking, long-distance, truckload business?: The median SBA approval in NAICS 484121 is $53,000, with the middle 80% of loans between $17,000 and $350,000. Across all industries the median is $180,000.
Which lenders are most active in general freight trucking, long-distance, truckload?: By dollars approved: The Huntington National Bank, Small Business Growth Corporation, Enterprise Bank & Trust, JPMorgan Chase Bank, Harvest Small Business Finance, LLC. 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 general freight trucking, long-distance, truckload considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.6% were charged off, versus 7.6% across all SBA lending. That is close to average.

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