SBA Loans for Motor Vehicle Towing in Vermont: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in Vermont. Based on historical SBA 7(a) lending data.
Total Approvals
3
in Vermont
Median Loan Size
$50,000
per approval
Recent Activity
0
last 90 days through Jul 2023
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $50,000.
Key trends & insights
- Motor Vehicle Towing in Vermont lending is concentrated — North Country Federal Credit Union, Keybank, National Association, Heritage Family FCU together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- North Country Federal Credit Union leads this industry with 1 approvals (33% market share) and a median loan of $90,000.
- Motor Vehicle Towing in Vermont loans skew smaller than the SBA average at $50,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2023-07-19 — 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 Vermont
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $90,000 | |
| 2 | 1 | $15,000 | |
| 3 | 1 | $50,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in Vermont
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-07 | KeyBank National Association | Mou*****LLC | East Fairfield, VT | $15,000 |
| 2023-02 | Heritage Family FCU | Fre*****LLC | RUTLAND, VT | $50,000 |
| 2020-06 | North Country Federal Credit Union | Jon*****rtt | Danville, VT | $90,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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