How much do SBA lenders typically lend to a packing and crating business?

The median SBA approval in NAICS 488991 is $150,000, with the middle 80% of loans between $20,000 and $1,192,000. Across all industries the median is $180,000.

Which lenders are most active in packing and crating?

By dollars approved: Florida Business Development Corporation, Readycap Lending, LLC, Glacier Bank, Wells Fargo Bank, The Huntington 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 packing and crating considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 9.1% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 488991 · Transportation

SBA loans for packing and crating

218 SBA loans worth $91.4M have been approved in this industry since FY2010 - the #524 most-financed NAICS code in the country.

Median loan

$150,000

-17% vs all industries

Typical range

$20K-$1.2M

Middle 80%

Median rate

7.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

9.1%

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
Florida Business Development Corporation	4	$11.7M
Readycap Lending, LLC	2	$5.3M
Glacier Bank	3	$5.0M
Wells Fargo Bank	17	$4.9M
The Huntington National Bank	26	$4.3M
U.S. Bank	6	$4.1M
Florida First Capital Finance Corporation, Inc.	3	$3.2M
Small Business Growth Corporation	2	$3.0M
Univest Bank and Trust Co	2	$3.0M
Sunflower Bank	2	$2.6M

Geography

Where these loans were made

State	Loans	Share
California	30
Ohio	22
Florida	19
New York	16
Texas	15
New Jersey	8
Minnesota	8
Pennsylvania	8

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
22%
$50K - $150K
26%
$150K - $350K
23%
$350K - $1M
16%
$1M - $2M
9%
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 packing and crating business?: The median SBA approval in NAICS 488991 is $150,000, with the middle 80% of loans between $20,000 and $1,192,000. Across all industries the median is $180,000.
Which lenders are most active in packing and crating?: By dollars approved: Florida Business Development Corporation, Readycap Lending, LLC, Glacier Bank, Wells Fargo Bank, The Huntington 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 packing and crating considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 9.1% were charged off, versus 7.6% across all SBA lending. That is close to average.

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