How much do SBA lenders typically lend to a navigational services to shipping business?

The median SBA approval in NAICS 488330 is $321,500, with the middle 80% of loans between $50,000 and $2,700,000. Across all industries the median is $180,000.

Which lenders are most active in navigational services to shipping?

By dollars approved: Zions Bank, A Division of, Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC), First Horizon Bank, Capital Access Group, Inc., Paragon 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 navigational services to shipping considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 0.0% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 488330 · Transportation

SBA loans for navigational services to shipping

72 SBA loans worth $58.2M have been approved in this industry since FY2010 - the #768 most-financed NAICS code in the country.

Median loan

$321,500

+79% vs all industries

Typical range

$50K-$2.7M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

0.0%

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
Zions Bank, A Division of	3	$5.4M
Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)	2	$5.0M
First Horizon Bank	1	$5.0M
Capital Access Group, Inc.	1	$4.6M
Paragon Bank	1	$4.0M
Paradise Bank	2	$3.9M
Northeast Bank	3	$3.6M
Georgia's Own Credit Union	1	$2.8M
Florida First Capital Finance Corporation, Inc.	3	$2.7M
Byline Bank	1	$2.7M

Geography

Where these loans were made

State	Loans	Share
Florida	21
Alabama	9
California	5
Puerto Rico	3
Virginia	3
Massachusetts	3
Rhode Island	2
Connecticut	2

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
8%
$50K - $150K
26%
$150K - $350K
22%
$350K - $1M
24%
$1M - $2M
6%
Over $2M
14%

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 navigational services to shipping business?: The median SBA approval in NAICS 488330 is $321,500, with the middle 80% of loans between $50,000 and $2,700,000. Across all industries the median is $180,000.
Which lenders are most active in navigational services to shipping?: By dollars approved: Zions Bank, A Division of, Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC), First Horizon Bank, Capital Access Group, Inc., Paragon 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 navigational services to shipping considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 0.0% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

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