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NAICS 811118 · Other Services
SBA loans for other automotive mechanical and electrical repair and maintenance
764 SBA loans worth $184.3M have been approved in this industry since FY2010 - the #246 most-financed NAICS code in the country.
Median loan
$100,000
-44% vs all industries
Typical range
$15K-$635K
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
7.2%
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 | Share |
|---|---|---|---|
| Enterprise Bank & Trust | 12 | $11.4M | |
| Wells Fargo Bank | 38 | $7.7M | |
| U.S. Bank | 39 | $6.9M | |
| The Huntington National Bank | 61 | $6.5M | |
| JPMorgan Chase Bank | 32 | $5.9M | |
| Centerstone SBA Lending, Inc. | 2 | $4.6M | |
| Regions Bank | 2 | $4.1M | |
| Cen Cal Business Finance Group | 6 | $3.9M | |
| SomerCor 504, Inc. | 2 | $3.9M | |
| United Community Bank | 2 | $3.8M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 95 | |
| Texas | 67 | |
| Ohio | 64 | |
| Michigan | 39 | |
| New York | 26 | |
| Puerto Rico | 26 | |
| Illinois | 25 | |
| Washington | 23 |
An SBA 7(a) lender for loans this size
80% of the SBA loans approved in other automotive mechanical and electrical repair and maintenance 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 $50K34%
- $50K - $150K27%
- $150K - $350K20%
- $350K - $1M15%
- $1M - $2M4%
- Over $2M1%
Franchise brands in Other Automotive Mechanical and Electrical Repair and Maintenance
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Meineke | 6 | $1.7M | |
| Alloy Wheel Repair Specialists | 4 | $200K | |
| Aamco Transmissions | 4 | $963K | |
| Advanced Maintenance On-Site Vehicle Services | 2 | $290K | |
| American Leak Detection | 2 | $65K | |
| Midas | 2 | $2.5M | |
| Maaco | 2 | $1.6M | |
| Meineke Car Care Center | 2 | $1.5M | |
| Batteries Plus | 1 | $150K | |
| Meineke Car Care | 1 | $197K |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other other services industries
Common questions
- How much do SBA lenders typically lend to a other automotive mechanical and electrical repair and maintenance business?
- The median SBA approval in NAICS 811118 is $100,000, with the middle 80% of loans between $15,000 and $635,000. Across all industries the median is $180,000.
- Which lenders are most active in other automotive mechanical and electrical repair and maintenance?
- By dollars approved: Enterprise Bank & Trust, Wells Fargo Bank, U.S. Bank, The Huntington National Bank, JPMorgan Chase 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 other automotive mechanical and electrical repair and maintenance considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.2% were charged off, versus 7.6% across all SBA lending. That is close to average.
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