SBA Loans for Taxi Service: Top Lenders & Recent Approvals
NAICS 485NAICS 485 covers taxi service businesses. Based on historical SBA 7(a) lending data.
Total Approvals
292
for Taxi Service
Median Loan Size
$61,500
per approval
Recent Activity
24
last 90 days through Dec 2025
NAICS 485 covers taxi service businesses. This is a moderately active sector for SBA 7(a) lending with 292 approvals and a median loan size of $61,500.
Key trends & insights
- SBA lending to taxi service businesses declined 18% year-over-year — from 270 to 221 approvals.
- TD Bank, National Association leads this industry with 147 approvals (22% market share) and a median loan of $26,500.
- Taxi Service SBA lending clusters in New York (17%), California (13%), Ohio (11%) — these three states represent 40% of all activity nationwide.
- The typical loan size for taxi service has increased 13% — average median moving from $73,183 to $82,525.
- Loan sizes vary dramatically by location — the median in Wisconsin ($282,500) is 9.4x higher than Massachusetts ($29,900).
Lending trends for Taxi Service
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 147 | $26,500 | |
| 2 | 120 | $50,000 | |
| 3 | 63 | $99,900 | |
| 4 | 61 | $40,000 | |
| 5 | 51 | $48,000 | |
| 6 | 47 | $15,000 | |
| 7 | 23 | $80,000 | |
| 8 | 22 | $120,000 | |
| 9 | 20 | $123,000 | |
| 10 | 18 | $166,000 | |
| 11 | 16 | $25,000 | |
| 12 | 14 | $150,000 | |
| 13 | 13 | $350,000 | |
| 14 | 12 | $25,000 | |
| 15 | 11 | $220,000 | |
| 16 | 9 | $50,000 | |
| 17 | 9 | $200,000 | |
| 18 | 9 | $250,000 | |
| 19 | 9 | $15,000 | |
| 20 | 8 | $250,000 |
Recent SBA 7(a) approvals for Taxi Service
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | JPMorgan Chase Bank, National Association | 3RD*****LLC | DUBLIN, CA | $250,000 |
| 2025-12 | Celtic Bank Corporation | JFK*****NC. | NATICK, MA | $150,000 |
| 2025-12 | The Huntington National Bank | QUE*****LLP | CINCINNATI, OH | $52,200 |
| 2025-12 | TD Bank, National Association | Muh*****din | OZONE PARK, NY | $25,000 |
| 2025-12 | Manufacturers and Traders Trust Company | Leb*****nc. | LEBANON, PA | $288,000 |
| 2025-12 | Manufacturers and Traders Trust Company | Leb*****nc. | LEBANON, PA | $58,500 |
| 2025-12 | TD Bank, National Association | KD *****nc. | STATEN ISLAND, NY | $25,000 |
| 2025-12 | JPMorgan Chase Bank, National Association | Cha*****Inc | STATEN ISLAND, NY | $500,000 |
| 2025-11 | Eastern Bank | JJ *****LLC | HYDE PARK, MA | $25,000 |
| 2025-11 | Webster Bank National Association | BLU*****NC. | EAST BOSTON, MA | $280,000 |
| 2025-11 | Celtic Bank Corporation | Rel*****ort | WINSTON SALEM, NC | $150,000 |
| 2025-11 | Wells Fargo Bank National Association | VIS*****ION | SPRINGFIELD, VA | $15,000 |
| 2025-11 | TD Bank, National Association | Bib*****Inc | WEYMOUTH, MA | $25,000 |
| 2025-11 | First Internet Bank of Indiana | Uni*****Inc | WEST SACRAMENTO, CA | $3,332,000 |
| 2025-11 | Manufacturers and Traders Trust Company | Kap*****nc. | COLUMBIA, MD | $15,000 |
| 2025-11 | Manufacturers and Traders Trust Company | Kap*****nc. | COLUMBIA, MD | $55,000 |
| 2025-11 | East Cambridge Savings Bank | Bay*****Co. | Lynn, MA | $4,500,000 |
| 2025-11 | The Huntington National Bank | LA *****ANY | CALUMET CITY, IL | $49,000 |
| 2025-11 | Eastern Bank | E J*****LLC | WILMINGTON, MA | $25,000 |
| 2025-11 | TD Bank, National Association | Gua*****LLC | EAST BRUNSWICK, NJ | $35,000 |
| 2025-11 | Manufacturers and Traders Trust Company | Zen*****LLC | LEVITTOWN, PA | $21,900 |
| 2025-11 | Fifth Third Bank | Ari*****nc. | CHICAGO, IL | $38,000 |
| 2025-11 | Climate First Bank | OnC*****LLC | CLINTON TOWNSHIP, MI | $860,000 |
| 2025-11 | The Huntington National Bank | Sto*****nc. | NAPERVILLE, IL | $60,000 |
| 2025-11 | Manufacturers and Traders Trust Company | AAR*****LLC | BUFFALO, NY | $30,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Activity by state
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | New York | 50 |
| 2 | California | 37 |
| 3 | Ohio | 31 |
| 4 | New Jersey | 21 |
| 5 | Massachusetts | 14 |
| 6 | Pennsylvania | 14 |
| 7 | Florida | 12 |
| 8 | Colorado | 9 |
| 9 | Illinois | 9 |
| 10 | Maryland | 8 |
| 11 | Texas | 7 |
| 12 | Wisconsin | 7 |
| 13 | Virginia | 6 |
| 14 | Michigan | 6 |
| 15 | Washington | 4 |
| 16 | Rhode Island | 4 |
| 17 | Louisiana | 4 |
| 18 | Minnesota | 4 |
| 19 | Missouri | 3 |
| 20 | Georgia | 3 |
| 21 | Idaho | 3 |
| 22 | Arkansas | 3 |
| 23 | North Carolina | 3 |
| 24 | Tennessee | 3 |
| 25 | Utah | 3 |
SBA loans for Taxi Service by state
Similar industries
Frequently asked questions about SBA loans for Taxi Service
Who are the top SBA lenders for Taxi Service?▾
Based on historical SBA 7(a) data, the most active lenders for Taxi Service (NAICS 485) include TD Bank, National Association, THE Huntington National Bank, Northeast Bank, and 17 more. TD Bank, National Association leads with 147 approved loans.
What is the typical SBA loan size for Taxi Service?▾
The median SBA 7(a) loan amount for Taxi Service businesses is $61,500, based on 292 total approved loans in the dataset.
Which states have the most SBA lending activity for Taxi Service?▾
New York leads with 50 SBA 7(a) approvals for Taxi Service, followed by California (37) and Ohio (31).
How do I find the best SBA lender for my taxi service business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 485. 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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