How much do SBA lenders typically lend to a automotive transmission repair business?

The median SBA approval in NAICS 811113 is $150,000, with the middle 80% of loans between $25,000 and $575,000. Across all industries the median is $180,000.

Which lenders are most active in automotive transmission repair?

By dollars approved: The Huntington National Bank, Wells Fargo Bank, Newtek Small Business Finance, Inc., Harvest Small Business Finance, LLC, Beacon Bank and Trust. 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 automotive transmission repair considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 14.2% 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.

NAICS 811113 · Other Services

SBA loans for automotive transmission repair

340 SBA loans worth $87.4M have been approved in this industry since FY2010 - the #423 most-financed NAICS code in the country.

Median loan

$150,000

-17% vs all industries

Typical range

$25K-$575K

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

14.2%

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
The Huntington National Bank	34	$6.6M
Wells Fargo Bank	19	$5.9M
Newtek Small Business Finance, Inc.	4	$3.3M
Harvest Small Business Finance, LLC	3	$3.2M
Beacon Bank and Trust	4	$2.5M
First Interstate Bank	2	$2.4M
JPMorgan Chase Bank	13	$2.1M
Glacier Bank	9	$2.1M
Zions Bank, A Division of	7	$2.1M
U.S. Bank	9	$2.0M

Geography

Where these loans were made

State	Loans	Share
California	45
Texas	42
Pennsylvania	28
Colorado	16
New York	15
Utah	13
Illinois	12
North Carolina	11

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’25

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
20%
$50K - $150K
25%
$150K - $350K
31%
$350K - $1M
19%
$1M - $2M
4%
Over $2M
1%

Nearby

Other other services industries

See the sector

General Automotive Repair16,083 · $190,000 Beauty Salons14,068 · $85,000 Other Personal Care Services7,830 · $175,000 All Other Personal Services7,488 · $144,000 Pet Care (except Veterinary) Services6,530 · $195,850 Car Washes5,876 · $773,000 Automotive Body, Paint, and Interior Repair and Maintenance5,872 · $240,000 Drycleaning and Laundry Services3,976 · $200,000

Common questions

How much do SBA lenders typically lend to a automotive transmission repair business?: The median SBA approval in NAICS 811113 is $150,000, with the middle 80% of loans between $25,000 and $575,000. Across all industries the median is $180,000.
Which lenders are most active in automotive transmission repair?: By dollars approved: The Huntington National Bank, Wells Fargo Bank, Newtek Small Business Finance, Inc., Harvest Small Business Finance, LLC, Beacon Bank and Trust. 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 automotive transmission repair considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 14.2% 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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