SBA Loans for NAICS 532: Top Lenders & Recent Approvals
NAICS 532NAICS 532 covers passenger car rental businesses. Based on historical SBA 7(a) lending data.
Total Approvals
462
for NAICS 532
Median Loan Size
$180,800
per approval
Recent Activity
35
last 90 days through Dec 2025
NAICS 532 covers passenger car rental businesses. This is a moderately active sector for SBA 7(a) lending with 462 approvals and a median loan size of $180,800.
Key trends & insights
- SBA lending to naics 532 businesses grew 30% year-over-year — from 225 to 293 approvals.
- The typical loan size for naics 532 has decreased 50% — average median moving from $225,517 to $113,433.
- Loan sizes vary dramatically by location — the median in Tennessee ($900,000) is 18.0x higher than Maryland ($50,000).
- NAICS 532 loans skew smaller than the SBA average at $180,800 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Lending trends for NAICS 532
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 54 | $15,000 | |
| 2 | 50 | $100,000 | |
| 3 | 49 | $25,000 | |
| 4 | 42 | $250,000 | |
| 5 | 41 | $25,000 | |
| 6 | 39 | $150,000 | |
| 7 | 32 | $50,000 | |
| 8 | 31 | $50,000 | |
| 9 | 26 | $150,000 | |
| 10 | 24 | $150,000 | |
| 11 | 16 | $318,000 | |
| 12 | 15 | $115,000 | |
| 13 | 14 | $186,900 | |
| 14 | 13 | $150,000 | |
| 15 | 12 | $150,000 | |
| 16 | 12 | $500,000 | |
| 17 | 9 | $350,000 | |
| 18 | 8 | $95,000 | |
| 19 | 7 | $1,928,800 | |
| 20 | 7 | $1,425,000 |
Recent SBA 7(a) approvals for NAICS 532
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Security Bank | Wal*****LLC | Tulsa, OK | $255,000 |
| 2025-12 | Northeast Bank | Rid*****LLC | Phoenix, AZ | $70,000 |
| 2025-12 | Celtic Bank Corporation | The*****und | AUSTIN, TX | $128,700 |
| 2025-12 | The Huntington National Bank | EZ *****LLC | KALAMAZOO, MI | $55,000 |
| 2025-12 | The Huntington National Bank | EZ *****LLC | KALAMAZOO, MI | $25,000 |
| 2025-12 | Washington Trust Bank | Wat*****LLC | GIG HARBOR, WA | $1,545,000 |
| 2025-12 | Washington Trust Bank | Wat*****LLC | GIG HARBOR, WA | $200,000 |
| 2025-12 | Manufacturers and Traders Trust Company | The*****LLC | TUNKHANNOCK, PA | $5,000 |
| 2025-12 | TD Bank, National Association | Mai*****LLC | NORTH BERWICK, ME | $12,000 |
| 2025-12 | Newtek Bank, National Association | For***** Co | MEXICO BEACH, FL | $55,000 |
| 2025-12 | City National Bank | Apa*****nc. | MESA, AZ | $607,000 |
| 2025-12 | TD Bank, National Association | Pen*****LLC | PENDLETON, SC | $25,000 |
| 2025-12 | KeyBank National Association | PAC*****NC. | SALEM, OR | $305,500 |
| 2025-12 | KeyBank National Association | PAC*****NC. | SALEM, OR | $150,000 |
| 2025-12 | Bonvenu Bank NA | Ger*****LLC | Slidell, LA | $550,000 |
| 2025-12 | The Huntington National Bank | THE*****LLC | SOLON, OH | $90,000 |
| 2025-12 | U.S. Bank, National Association | 5T ****ALS | CLARKSVILLE, TN | $40,000 |
| 2025-11 | Wells Fargo Bank National Association | ANY*****LLC | CHATSWORTH, CA | $15,000 |
| 2025-11 | Newtek Bank, National Association | Bou*****ard | FORT LAUDERDALE, FL | $175,000 |
| 2025-11 | Merchants & Marine Bank | KUD*****TED | MIDLAND, TX | $5,000,000 |
| 2025-11 | Meredith Village Savings Bank | Owl*****LLC | CAMPTON, NH | $20,000 |
| 2025-11 | Newtek Bank, National Association | Myt*****LLC | Woodstock, GA | $55,000 |
| 2025-11 | VelocitySBA, LLC | Cru*****LLC | Riviera Beach, FL | $590,000 |
| 2025-11 | Stock Yards Bank & Trust Company | Thi*****LLC | LOUISVILLE, KY | $306,500 |
| 2025-11 | Atlantic Union Bank | Saf*****nc. | SAN MARCOS, CA | $300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Activity by state
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | California | 56 |
| 2 | Florida | 38 |
| 3 | New York | 31 |
| 4 | Texas | 25 |
| 5 | Ohio | 19 |
| 6 | Arizona | 19 |
| 7 | Pennsylvania | 17 |
| 8 | Minnesota | 16 |
| 9 | Illinois | 16 |
| 10 | Utah | 16 |
| 11 | Georgia | 15 |
| 12 | Missouri | 13 |
| 13 | New Jersey | 12 |
| 14 | Indiana | 12 |
| 15 | Washington | 11 |
| 16 | Nevada | 9 |
| 17 | Virginia | 9 |
| 18 | Oklahoma | 9 |
| 19 | Colorado | 9 |
| 20 | Michigan | 9 |
| 21 | South Carolina | 8 |
| 22 | Maine | 7 |
| 23 | North Carolina | 7 |
| 24 | Tennessee | 7 |
| 25 | Maryland | 5 |
SBA loans for NAICS 532 by state
Similar industries
Frequently asked questions about SBA loans for NAICS 532
Who are the top SBA lenders for NAICS 532?▾
Based on historical SBA 7(a) data, the most active lenders for NAICS 532 (NAICS 532) include Wells Fargo Bank, National Association, THE Huntington National Bank, U.s. Bank, National Association, and 17 more. Wells Fargo Bank, National Association leads with 54 approved loans.
What is the typical SBA loan size for NAICS 532?▾
The median SBA 7(a) loan amount for NAICS 532 businesses is $180,800, based on 462 total approved loans in the dataset.
Which states have the most SBA lending activity for NAICS 532?▾
California leads with 56 SBA 7(a) approvals for NAICS 532, followed by Florida (38) and New York (31).
How do I find the best SBA lender for my naics 532 business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 532. 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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