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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 |
An SBA 7(a) lender for loans this size
84% of the SBA loans approved in general freight trucking, long-distance, less than 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 $50K49%
- $50K - $150K23%
- $150K - $350K12%
- $350K - $1M9%
- $1M - $2M4%
- Over $2M3%
Franchise brands in General Freight Trucking, Long-Distance, Less Than Truckload
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Fedex Ground | 2 | $2.1M | |
| Abbey Carpet & Floor | 1 | $1.6M |
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, 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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