SBA Loans for Motor Vehicle Towing in Kentucky: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in Kentucky. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Kentucky
Median Loan Size
$239,000
per approval
Recent Activity
0
last 90 days through Nov 2024
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $239,000.
Key trends & insights
- Motor Vehicle Towing in Kentucky lending is concentrated — U.s. Bank, National Association, Community Trust Bank, INC., Stock Yards Bank & Trust Company together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
- U.s. Bank, National Association leads this industry with 1 approvals (25% market share) and a median loan of $25,000.
- SBA data for this industry goes through 2024-11-06 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Motor Vehicle Towing in Kentucky
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $25,000 | |
| 2 | 1 | $228,000 | |
| 3 | 1 | $430,000 | |
| 4 | 1 | $250,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in Kentucky
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-11 | Community Trust Bank, Inc. | G. *****ort | LEBANON, KY | $228,000 |
| 2022-04 | Stock Yards Bank & Trust Company | WEL*****Inc | GOSHEN, KY | $430,000 |
| 2021-05 | Republic Bank & Trust Company | Co****LLC | Louisville, KY | $250,000 |
| 2020-08 | U.S. Bank, National Association | Sim*****LLC | SHELBYVILLE, KY | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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