SBA Loans for Motor Vehicle Towing in Alabama: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in Alabama. Based on historical SBA 7(a) lending data.
Total Approvals
6
in Alabama
Median Loan Size
$345,450
per approval
Recent Activity
0
last 90 days through Mar 2025
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $345,450.
Key trends & insights
- Motor Vehicle Towing in Alabama lending is concentrated — Trustmark Bank, Readycap Lending, LLC, Bayfirst National Bank together account for 67% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Trustmark Bank leads this industry with 2 approvals (33% market share) and a median loan of $464,100.
Most active SBA lenders for Motor Vehicle Towing in Alabama
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $464,100 | |
| 2 | 1 | $478,500 | |
| 3 | 1 | $150,000 | |
| 4 | 1 | $226,800 | |
| 5 | 1 | $170,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in Alabama
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-03 | Northeast Bank | JUN*****LLC | Montgomery, AL | $226,800 |
| 2025-02 | Readycap Lending, LLC | Hol*****nc. | Pell City, AL | $478,500 |
| 2023-12 | BayFirst National Bank | Mo'*****LLC | ROBERTSDALE, AL | $150,000 |
| 2023-08 | Regions Bank | ELI*****LLC | CENTER POINT, AL | $170,000 |
| 2021-08 | Trustmark Bank | F &*****LLC | MOBILE, AL | $464,100 |
| 2021-08 | Trustmark Bank | F &*****LLC | MOBILE, AL | $464,100 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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