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NAICS 811191 · Other Services
SBA loans for automotive oil change and lubrication shops
1,307 SBA loans worth $840.8M have been approved in this industry since FY2010 - the #164 most-financed NAICS code in the country.
Median loan
$390,000
+117% vs all industries
Typical range
$50K-$1.6M
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
20 yr
Charge-off rate
5.4%
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 |
|---|---|---|---|
| Live Oak Banking Company | 153 | $153.2M | |
| Wells Fargo Bank | 88 | $58.5M | |
| The Huntington National Bank | 109 | $25.4M | |
| PNC Bank | 20 | $17.2M | |
| Newtek Small Business Finance, Inc. | 14 | $16.7M | |
| Celtic Bank Corporation | 18 | $15.6M | |
| Bank of the West | 13 | $14.2M | |
| Ameris Bank | 13 | $14.1M | |
| The Bancorp Bank | 11 | $11.9M | |
| Banc of California | 6 | $11.8M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Texas | 256 | |
| California | 120 | |
| Michigan | 104 | |
| Florida | 93 | |
| Colorado | 47 | |
| Illinois | 46 | |
| North Carolina | 45 | |
| Utah | 38 |
An SBA 7(a) lender for loans this size
46% of the SBA loans approved in automotive oil change and lubrication shops 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 $50K9%
- $50K - $150K14%
- $150K - $350K22%
- $350K - $1M32%
- $1M - $2M16%
- Over $2M6%
Franchise brands in Automotive Oil Change and Lubrication Shops
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Grease Monkey | 98 | $92.6M | |
| Jiffy Lube | 85 | $81.2M | |
| Strickland Brothers 10 Minute Oil Change | 40 | $24.2M | |
| Valvoline Instant Oil Change | 35 | $31.8M | |
| Take 5 Oil Change | 30 | $28.7M | |
| Victory Lane Quick Oil Change | 28 | $17.6M | |
| Express Oil Change | 24 | $40.5M | |
| Midas | 20 | $18.0M | |
| Kwik Kar Oil & Lube | 14 | $16.5M | |
| Costa Oil | 14 | $6.7M |
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 automotive oil change and lubrication shops business?
- The median SBA approval in NAICS 811191 is $390,000, with the middle 80% of loans between $50,000 and $1,590,000. Across all industries the median is $180,000.
- Which lenders are most active in automotive oil change and lubrication shops?
- By dollars approved: Live Oak Banking Company, Wells Fargo Bank, The Huntington National Bank, PNC Bank, Newtek Small Business Finance, Inc.. 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 oil change and lubrication shops considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.4% 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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