NAICS 484122 · Transportation
SBA loans for general freight trucking, long-distance, less than truckload
963 SBA loans worth $239.1M have been approved in this industry since FY2010 - the #211 most-financed NAICS code in the country.
Median loan
$50,000
-72% vs all industries
Typical range
$10K-$560K
Middle 80%
Median rate
7.75%
7(a) initial note rate
Median term
7.7 yr
Charge-off rate
9.9%
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 | 197 | $23.6M | |
| Wells Fargo Bank | 229 | $20.6M | |
| Bank of Hope | 3 | $8.8M | |
| Harvest Small Business Finance, LLC | 7 | $7.8M | |
| Old National Bank | 3 | $7.2M | |
| Newtek Small Business Finance, Inc. | 4 | $6.3M | |
| Lendistry SBLC, LLC | 31 | $5.9M | |
| Northeast Bank | 22 | $5.6M | |
| First Community Bank | 22 | $5.3M | |
| Central Minnesota Development Company | 2 | $5.2M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 140 | |
| Ohio | 99 | |
| Michigan | 81 | |
| Illinois | 72 | |
| Texas | 69 | |
| Pennsylvania | 44 | |
| North Carolina | 39 | |
| Florida | 39 |
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 $50K49%
- $50K - $150K23%
- $150K - $350K12%
- $350K - $1M9%
- $1M - $2M4%
- Over $2M3%
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 general freight trucking, long-distance, less than truckload business?
- The median SBA approval in NAICS 484122 is $50,000, with the middle 80% of loans between $10,000 and $560,000. Across all industries the median is $180,000.
- Which lenders are most active in general freight trucking, long-distance, less than truckload?
- By dollars approved: The Huntington National Bank, Wells Fargo Bank, Bank of Hope, Harvest Small Business Finance, LLC, Old National 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 general freight trucking, long-distance, less than truckload considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 9.9% 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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