NAICS sector 48

Transportation and Warehousing

Name: SBA lending in Transportation and Warehousing
Creator: U.S. Small Business Administration
License: https://www.usa.gov/government-works

49,317 SBA loans worth $13.29B across 38 industries in this sector.

Loans

49,317

Approved

$13.29B

Median loan

$64,000

Median term

7 yr

Charge-off rate

9.3%

vs 7.6% all sectors

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.

Inside the sector

All 38 industries

Industry	NAICS	Loans	Median loan	Median rate	Charge-off
General Freight Trucking, Long-Distance, Truckload	484121	16,409	$53,000	6.60%	8.6%
General Freight Trucking, Local	484110	13,654	$50,900	7.00%	8.5%
Specialized Freight (except Used Goods) Trucking, Local	484220	3,193	$65,000	7.00%	10.0%
Freight Transportation Arrangement	488510	2,161	$150,000	7.50%	9.7%
Motor Vehicle Towing	488410	2,100	$130,000	6.75%	6.7%
Couriers and Express Delivery Services	492110	2,073	$200,000	7.75%	10.1%
Specialized Freight (except Used Goods) Trucking, Long-Distance	484230	1,604	$55,750	7.50%	12.2%
Used Household and Office Goods Moving	484210	1,498	$150,000	6.90%	10.2%
Limousine Service	485320	1,190	$50,000	7.75%	18.5%
General Freight Trucking, Long-Distance, Less Than Truckload	484122	963	$50,000	7.75%	9.9%
Local Messengers and Local Delivery	492210	941	$100,000	7.25%	8.1%
General Warehousing and Storage	493110	887	$496,000	6.25%	4.2%
Special Needs Transportation	485991	761	$75,000	8.00%	14.4%
All Other Transit and Ground Passenger Transportation	485999	746	$75,000	7.75%	15.7%
All Other Support Activities for Transportation	488999	676	$50,000	8.00%	10.0%
Other Support Activities for Road Transportation	488490	588	$136,650	6.75%	7.8%
Taxi and Ridesharing Services	485310	494	$29,750	8.50%	15.1%
Scenic and Sightseeing Transportation, Water	487210	414	$136,650	7.50%	3.0%
Other Support Activities for Air Transportation	488190	411	$250,000	6.99%	5.4%
School and Employee Bus Transportation	485410	382	$150,000	6.75%	7.8%
Charter Bus Industry	485510	291	$250,000	6.00%	7.7%
Other Warehousing and Storage	493190	268	$437,000	6.30%	5.8%
Packing and Crating	488991	218	$150,000	7.00%	9.1%
Postal Service	491110	166	$150,000	7.25%	8.1%
Scenic and Sightseeing Transportation, Land	487110	164	$85,400	7.30%	11.0%
Refrigerated Warehousing and Storage	493120	156	$1,259,000	6.00%	3.0%
Nonscheduled Chartered Passenger Air Transportation	481211	150	$350,000	6.25%	10.3%
Other Airport Operations	488119	138	$479,500	6.00%	5.4%
Other Support Activities for Water Transportation	488390	134	$123,850	7.25%	3.1%
Other Nonscheduled Air Transportation	481219	101	$250,000	6.60%	12.2%
Inland Water Freight Transportation	483211	97	$250,000	6.50%	7.0%
Support Activities for Rail Transportation	488210	84	$250,000	6.25%	4.5%
Scheduled Passenger Air Transportation	481111	82	$250,000	6.25%	16.3%
Navigational Services to Shipping	488330	72	$321,500	6.00%	0.0%
Scenic and Sightseeing Transportation, Other	487990	61	$300,000	6.50%	0.0%
Scheduled Freight Air Transportation	481112	53	$200,000	6.75%	-
Bus and Other Motor Vehicle Transit Systems	485113	46	$146,300	6.25%	7.7%
Deep Sea Freight Transportation	483111	41	$150,000	7.25%	-

Lenders

Most active in this sector

Lender	Loans	Approved
The Huntington National Bank	12,913	$1.17B
Wells Fargo Bank	3,485	$394.0M
Newtek Small Business Finance, Inc.	360	$359.8M
JPMorgan Chase Bank	2,955	$332.1M
Celtic Bank Corporation	504	$286.4M
U.S. Bank	1,492	$276.5M
Enterprise Bank & Trust	239	$258.3M
Readycap Lending, LLC	306	$219.8M
Small Business Growth Corporation	162	$205.8M
Byline Bank	124	$182.4M

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

’26

Gross approval dollars. Final bar is a partial fiscal year.

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