SBA Loans for NAICS 532 in Maryland: Top Lenders
NAICS 532NAICS 532 covers passenger car rental businesses in Maryland. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Maryland
Median Loan Size
$50,000
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 532 covers passenger car rental businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $50,000.
Key trends & insights
- NAICS 532 in Maryland lending is concentrated — Manufacturers AND Traders Trust Company, TD Bank, National Association, Incrediblebank together account for 80% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Manufacturers AND Traders Trust Company leads this industry with 2 approvals (40% market share) and a median loan of $30,500.
- NAICS 532 in Maryland 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 2025-02-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for NAICS 532 in Maryland
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $30,500 | |
| 2 | 1 | $50,000 | |
| 3 | 1 | $1,290,000 | |
| 4 | 1 | $4,999,000 |
Recent SBA 7(a) approvals for NAICS 532 in Maryland
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | Banc of California | Ted*****nc. | Hagerstown, MD | $4,999,000 |
| 2025-02 | Manufacturers and Traders Trust Company | MPM*****LLC | ABERDEEN, MD | $25,000 |
| 2025-01 | TD Bank, National Association | McM*****any | WHITE MARSH, MD | $50,000 |
| 2024-04 | T Bank, National Association | Sky*****ent | SEVERN, MD | $3,901,000 |
| 2023-11 | JPMorgan Chase Bank, National Association | Rd****nc. | KENSINGTON, MD | $121,000 |
| 2023-08 | Manufacturers and Traders Trust Company | Cal*****LLC | FINKSBURG, MD | $36,000 |
| 2020-06 | IncredibleBank | STA*****LLC | WHITE MARSH, MD | $1,290,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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