SBA Loans for General Freight Trucking: Top Lenders & Recent Approvals

NAICS 484

NAICS 484 covers general freight trucking, local businesses. Based on historical SBA 7(a) lending data.

Total Approvals

3,114

for General Freight Trucking

Median Loan Size

$68,950

per approval

Recent Activity

145

last 90 days through Dec 2025

NAICS 484 covers general freight trucking, local businesses. This is one of the more actively funded industries through SBA 7(a) lending, with 3,114 approvals on record and a median loan size of $68,950.

Key trends & insights

  • SBA lending to general freight trucking businesses grew 132% year-over-year — from 301 to 699 approvals.
  • General Freight Trucking lending is concentrated — THE Huntington National Bank, TD Bank, National Association, Wells Fargo Bank, National Association together account for 59% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Total SBA dollars flowing into this industry increased by 215% year-over-year, reaching $198,297,500 in the trailing 12 months.
  • THE Huntington National Bank leads this industry with 276 approvals (38% market share) and a median loan of $58,500.
  • The typical loan size for general freight trucking has increased 16% — average median moving from $62,300 to $72,075.

Lending trends for General Freight Trucking

132%loan volume YoY
215%dollar volume YoY
Total loaned ($)
Median loan size
Oct '19Jan '20Apr '20Jul '20Nov '20Feb '21May '21Aug '21

Top lenders by historical volume

#LenderApprovalsMedian Size
1276$58,500
276$30,000
370$15,000
459$50,000
529$52,000
627$50,000
725$350,000
822$1,183,500
920$50,000
1018$70,000
1117$150,000
1214$274,000
1311$148,200
1410$25,000
1510$122,700
169$200,000
178$88,800
188$60,600
196$25,000
206$1,000,000

Recent SBA 7(a) approvals for General Freight Trucking

MonthLenderBorrowerAmount
2025-12Fifth Third BankGRE*****NC.$100,000
2025-12TD Bank, National AssociationCro*****Inc$215,000
2025-12The Huntington National BankSOL*****LLC$25,000
2025-12Portage Community BankMas*****LLC$52,000
2025-11Equity BankG &*****LLC$202,500
2025-11The Huntington National BankDAW*****INC$25,000
2025-11Wells Fargo Bank National AssociationC92*****LLC$15,000
2025-11Wells Fargo Bank National AssociationKWA*****LLC$15,000
2025-11The Huntington National BankJoh*****Inc$20,000
2025-11Fifth Third BankAME*****NC.$90,000
2025-11North State BankWou*****LLC$808,000
2025-11Lendistry SBLC, LLCS&Z*****NC.$175,000
2025-11Bank of UtahEMC*****LLC$200,000
2025-11Manufacturers and Traders Trust CompanySen*****LLC$50,000
2025-11The Huntington National BankKCB*****LLC$48,500
2025-11Manufacturers and Traders Trust CompanySen*****LLC$379,000
2025-11Bank of Oak RidgeGro*****LLC$215,800
2025-11First Savings BankARI*****LLC$633,000
2025-11Lendistry SBLC, LLCMet*****LLC$350,000
2025-11TD Bank, National AssociationAll*****Inc$50,000
2025-11TD Bank, National AssociationTro*****LLC$25,000
2025-11Manufacturers and Traders Trust CompanyMic*****ing$30,000
2025-11Manufacturers and Traders Trust CompanyPha*****LLC$25,000
2025-11Lendistry SBLC, LLCJCR*****nc.$350,000
2025-11The Community BankACE*****LLC$195,500

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Activity by state

State-by-state breakdown

#StateApprovals
1Ohio433
2California309
3Michigan288
4Illinois273
5Texas170
6Florida160
7Indiana147
8Pennsylvania114
9New Jersey109
10New York102
11Minnesota84
12Washington74
13Georgia65
14Wisconsin49
15Missouri48
16North Carolina43
17Colorado41
18Maryland41
19Massachusetts40
20Mississippi40
21Virginia38
22Oregon35
23Arizona35
24Kentucky32
25Utah29

SBA loans for General Freight Trucking by state

Similar industries

Frequently asked questions about SBA loans for General Freight Trucking

Who are the top SBA lenders for General Freight Trucking?

Based on historical SBA 7(a) data, the most active lenders for General Freight Trucking (NAICS 484) include THE Huntington National Bank, TD Bank, National Association, Wells Fargo Bank, National Association, and 17 more. THE Huntington National Bank leads with 276 approved loans.

What is the typical SBA loan size for General Freight Trucking?

The median SBA 7(a) loan amount for General Freight Trucking businesses is $68,950, based on 3,114 total approved loans in the dataset.

Which states have the most SBA lending activity for General Freight Trucking?

Ohio leads with 433 SBA 7(a) approvals for General Freight Trucking, followed by California (309) and Michigan (288).

How do I find the best SBA lender for my general freight trucking business?

Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 484. You can also use the MyLenderPilot Lender Fit Quiz to get a personalized ranking based on your state, loan size, and years in business.

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