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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

’12

’14

’16

’18

’20

’22

’24

’26

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

An SBA 7(a) lender for loans this size

83% of the SBA loans approved in the transportation sector 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 SmartBiz

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By state

Transportation SBA lending in 51 states

Each state page lists the lenders and industries behind the sector's loans there. States with fewer than 20 loans in the sector have no page.

Ohio6,422 · $50,000 California5,414 · $150,000 Michigan5,030 · $43,800 Illinois3,118 · $70,750 Texas2,916 · $50,000 Florida2,407 · $100,000 Indiana2,005 · $50,000 New York1,993 · $55,000 Pennsylvania1,494 · $58,000 New Jersey1,458 · $50,000 Massachusetts1,168 · $50,000 Minnesota1,151 · $112,200 Washington1,048 · $83,750 Wisconsin1,033 · $112,700 Utah895 · $75,000 Georgia890 · $100,000 Missouri747 · $125,000 North Carolina689 · $98,500 Colorado610 · $90,400 Arizona580 · $148,100 Virginia564 · $74,000 Maryland545 · $50,000 Kentucky515 · $56,000 Oregon431 · $60,000 Mississippi387 · $60,200 Idaho382 · $68,500 South Carolina316 · $58,500 Connecticut313 · $68,000 Oklahoma310 · $87,950 Louisiana299 · $114,000 Nevada298 · $143,300 Kansas288 · $100,100 Alabama284 · $60,000 Tennessee272 · $150,000 Maine264 · $50,000 New Hampshire260 · $50,000 Iowa253 · $128,000 Nebraska216 · $100,000 Montana196 · $64,500 North Dakota192 · $109,500 Arkansas183 · $88,500 West Virginia175 · $50,000 New Mexico172 · $72,550 Hawaii161 · $50,000 Vermont161 · $60,000 Puerto Rico159 · $50,000 Alaska137 · $250,000 Rhode Island130 · $50,000 Delaware128 · $40,000 South Dakota122 · $122,500 Wyoming97 · $70,000

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