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NAICS 485113 · Transportation
SBA loans for bus and other motor vehicle transit systems
46 SBA loans worth $21.4M have been approved in this industry since FY2010 - the #874 most-financed NAICS code in the country.
Median loan
$146,300
-19% vs all industries
Typical range
$25K-$2.0M
Middle 80%
Median rate
6.25%
7(a) initial note rate
Median term
7 yr
Charge-off rate
7.7%
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 |
|---|---|---|---|
| TowneBank | 1 | $3.0M | |
| Banc of California | 2 | $2.9M | |
| Truist Bank | 3 | $2.2M | |
| The Ephrata National Bank | 1 | $2.1M | |
| First Merchants Bank | 1 | $2.0M | |
| JPMorgan Chase Bank | 4 | $1.9M | |
| Business Finance Group, Inc. | 2 | $1.8M | |
| Hancock Whitney Bank | 6 | $1.6M | |
| City National Bank | 1 | $700K | |
| Ameris Bank | 1 | $635K |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 10 | |
| Louisiana | 5 | |
| Maryland | 4 | |
| Florida | 4 | |
| New Jersey | 4 | |
| New York | 4 | |
| Puerto Rico | 3 | |
| Massachusetts | 2 |
An SBA 7(a) lender for loans this size
61% of the SBA loans approved in bus and other motor vehicle transit systems 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 $50K22%
- $50K - $150K30%
- $150K - $350K9%
- $350K - $1M24%
- $1M - $2M4%
- Over $2M11%
Nearby
Other transportation industries
Common questions
- How much do SBA lenders typically lend to a bus and other motor vehicle transit systems business?
- The median SBA approval in NAICS 485113 is $146,300, with the middle 80% of loans between $25,000 and $2,000,000. Across all industries the median is $180,000.
- Which lenders are most active in bus and other motor vehicle transit systems?
- By dollars approved: TowneBank, Banc of California, Truist Bank, The Ephrata National Bank, First Merchants 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 bus and other motor vehicle transit systems considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.7% were charged off, versus 7.6% across all SBA lending. That is close to average.
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