SBA loans by business type
SBA Loans for Trucking Companies
SBA lenders funded 37,060 7(a) and 504 loans for trucking companies since FY2010 (3.6% of all SBA lending in the data), totaling $8.5B, an average of $229K per loan. The most active lender is The Huntington National Bank.
By Mario Bailey · Source: SBA FOIA data, FY2010–2026 (as of 2026-03-31)
These figures are computed from the SBA's public 7(a) and 504 funded-loan records for Truck Transportation (NAICS 484). They cover funded loans, not applications, so a lender's activity here is a track-record signal — not a guarantee you will be approved. Among the 7(a) loans, the charge-off rate is 5.6% — a relative track-record signal, not a lifetime default rate (504 charge-offs are not reported in the SBA data); see our methodology. Estimate a payment with the SBA loan calculator, or check the basics with the eligibility checker.
Top SBA lenders in Transportation and Warehousing, the sector that includes trucking companies
Ranked by SBA loans funded across Transportation and Warehousing (NAICS 48-49), the full sector that contains Truck Transportation (NAICS 484). The sector is broader than trucking companies alone, and sector level is the granularity our per-lender track-record data supports, so every figure below, including the 7(a) charge-off rate, is sector-wide, not specific to trucking companies. Charge-off is reported on 7(a) loans, never on 504 loans, so a lender without a reliable 7(a) sample in the sector shows “not reported,” never 0%. A lender active in your situation is a good place to start; talk to a few before you apply.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 13,127 | $1.2B | $95K | 3.02% |
| 2 | Wells Fargo Bank National Association | 3,726 | $445.3M | $120K | 11.30% |
| 3 | JPMorgan Chase Bank, National Association | 3,131 | $360.9M | $115K | 8.34% |
| 4 | TD Bank, National Association | 2,312 | $166.6M | $72K | 13.62% |
| 5 | U.S. Bank, National Association | 1,737 | $328.1M | $189K | 3.74% |
| 6 | Manufacturers and Traders Trust Company | 1,278 | $117.4M | $92K | 7.59% |
| 7 | Northeast Bank | 1,207 | $187.0M | $155K | 3.40% |
| 8 | PNC Bank, National Association | 1,107 | $100.2M | $90K | 12.74% |
| 9 | KeyBank National Association | 743 | $155.6M | $209K | 2.69% |
| 10 | BayFirst National Bank | 644 | $134.5M | $209K | 15.06% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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Top states for trucking companies SBA loans
| State | Loans | Total volume |
|---|---|---|
| California | 3,653 | $1.7B |
| Illinois | 2,680 | $789.0M |
| Ohio | 5,684 | $605.5M |
| Texas | 2,075 | $571.3M |
| Michigan | 4,649 | $496.6M |
| Florida | 1,375 | $335.6M |
| Washington | 766 | $263.2M |
| Wisconsin | 787 | $235.3M |
| Minnesota | 783 | $221.1M |
| New Jersey | 1,026 | $212.6M |
SBA lending for trucking companies by year
Funded SBA volume by approval fiscal year (FY2010–2026).
SBA loans for trucking companies: frequently asked questions
Can you get an SBA loan for trucking companies?
Yes. Lenders funded 37,060 SBA 7(a) and 504 loans for trucking companies in the public data (as of 2026-03-31), 3.6% of all SBA lending, totaling $8.5B.
How much is a typical SBA loan for trucking companies?
The average SBA loan for trucking companies is $229K, across 37,060 funded loans. Your amount depends on use of funds, cash flow, and the lender.
Which SBA lenders fund trucking companies?
The Huntington National Bank, Celtic Bank Corporation, Wells Fargo Bank National Association are among the most active SBA lenders for trucking companies by funded volume. A lender that regularly funds your situation is more likely to understand the deal.