Advertiser disclosure: Some links on this page earn us a commission. Compensation never affects our data, our rankings, or which lenders we cover. How we make money.
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 | Share |
|---|---|---|---|
| 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 |
An SBA 7(a) lender for loans this size
89% of the SBA loans approved in general freight trucking, long-distance, truckload since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K44%
- $50K - $150K32%
- $150K - $350K13%
- $350K - $1M6%
- $1M - $2M3%
- Over $2M2%
Franchise brands in General Freight Trucking, Long-Distance, Truckload
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Fedex Ground | 20 | $7.1M | |
| United Van Lines | 1 | $936K | |
| Fedex | 1 | $150K | |
| Matco Tools | 1 | $146K | |
| Snap-On | 1 | $241K | |
| OsteoStrong | 1 | $353K | |
| The UPS Store | 1 | $460K | |
| Two Men and a Truck | 1 | $350K |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other transportation industries
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.
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.