How much do SBA lenders typically lend to a school and employee bus transportation business?

The median SBA approval in NAICS 485410 is $150,000, with the middle 80% of loans between $20,000 and $1,200,000. Across all industries the median is $180,000.

Which lenders are most active in school and employee bus transportation?

By dollars approved: Newtek Small Business Finance, Inc., JPMorgan Chase Bank, Platinum Bank, Wells Fargo Bank, BCB Community 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 school and employee bus transportation considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 485410 · Transportation

SBA loans for school and employee bus transportation

382 SBA loans worth $176.5M have been approved in this industry since FY2010 - the #392 most-financed NAICS code in the country.

Median loan

$150,000

-17% vs all industries

Typical range

$20K-$1.2M

Middle 80%

Median rate

6.75%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.8%

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
Newtek Small Business Finance, Inc.	12	$14.2M
JPMorgan Chase Bank	19	$9.1M
Platinum Bank	2	$7.6M
Wells Fargo Bank	13	$7.2M
BCB Community Bank	2	$6.4M
North Easton Savings Bank	5	$6.3M
Manufacturers and Traders Trust Company	35	$6.0M
Citizens Bank	2	$5.8M
Fulton Bank	6	$5.8M
U.S. Bank	10	$5.5M

Geography

Where these loans were made

State	Loans	Share
New Jersey	75
Massachusetts	48
Pennsylvania	40
Minnesota	31
New York	24
Wisconsin	23
Maryland	19
California	18

Approvals by fiscal year

’10

’11

’12

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
21%
$50K - $150K
28%
$150K - $350K
19%
$350K - $1M
20%
$1M - $2M
7%
Over $2M
5%

Nearby

Other transportation industries

See the sector

General Freight Trucking, Long-Distance, Truckload16,409 · $53,000 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

Common questions

How much do SBA lenders typically lend to a school and employee bus transportation business?: The median SBA approval in NAICS 485410 is $150,000, with the middle 80% of loans between $20,000 and $1,200,000. Across all industries the median is $180,000.
Which lenders are most active in school and employee bus transportation?: By dollars approved: Newtek Small Business Finance, Inc., JPMorgan Chase Bank, Platinum Bank, Wells Fargo Bank, BCB Community 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 school and employee bus transportation considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

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