SBA Loans for Motor Vehicle Towing in South Carolina: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in South Carolina. Based on historical SBA 7(a) lending data.
Total Approvals
4
in South Carolina
Median Loan Size
$137,500
per approval
Recent Activity
0
last 90 days through Feb 2025
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 $137,500.
Key trends & insights
- Motor Vehicle Towing in South Carolina lending is concentrated — TD Bank, National Association, Bayfirst National Bank, Northeast Bank together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- TD Bank, National Association leads this industry with 2 approvals (50% market share) and a median loan of $25,000.
- Motor Vehicle Towing in South Carolina loans skew smaller than the SBA average at $137,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Motor Vehicle Towing in South Carolina
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $25,000 | |
| 2 | 1 | $450,000 | |
| 3 | 1 | $250,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in South Carolina
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-05 | United Midwest Savings Bank National Association | Cha*****LLC | Charleston, SC | $150,000 |
| 2025-02 | Northeast Bank | ACC*****L.C | Blythewood, SC | $250,000 |
| 2024-12 | TD Bank, National Association | Con*****LLC | FORT MILL, SC | $25,000 |
| 2024-08 | BayFirst National Bank | Hip*****Inc | MYRTLE BEACH, SC | $450,000 |
| 2024-06 | TD Bank, National Association | Aco*****LLC | MOUNT PLEASANT, SC | $25,000 |
| 2021-07 | The Bank of Edison | Whi*****LLC | Aiken, SC | $639,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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