SBA LenderData

Best SBA 7(a) lenders for specialized freight (except used goods) trucking, local

NAICS 484220 — Specialized Freight (except Used Goods) Trucking, Local.
1,232 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $318.0M.

Loans
1,232
Total $
$318.0M
Avg loan
$258K
Avg rate
8.50%
Avg term
104 mo
Industry chg-off rate
3.75%
FY20–FY23 cohort

Top 15 lenders in this industry

# Lender Loans Total $ Avg loan Avg rate Chg-off %
1 The Huntington National Bank 222 $22.1M $100K 8.02% 2.90%
2 Wells Fargo Bank National Association 85 $10.1M $119K 10.73% 10.00%
3 TD Bank, National Association 77 $4.5M $58K 10.65% 9.68%
4 Manufacturers and Traders Trust Company 54 $3.4M $62K 10.35% 11.11%
5 Granite Bank 48 $6.2M $130K 7.64% 0.00%
6 U.S. Bank, National Association 35 $5.6M $161K 6.05% 0.00%
7 Northeast Bank 35 $4.7M $135K 10.61%
8 Columbia Bank 27 $4.7M $174K 10.72% 0.00%
9 JPMorgan Chase Bank, National Association 24 $3.1M $129K 11.57% 11.11%
10 KeyBank National Association 21 $3.4M $161K 10.10% 0.00%
11 Lendistry SBLC, LLC 19 $3.0M $158K 12.13% 0.00%
12 Arvest Bank 18 $952K $53K 6.54% 5.88%
13 Zions Bank, A Division of 15 $1.3M $83K 9.50% 0.00%
14 Cadence Bank 14 $9.8M $696K 8.30% 0.00%
15 1st Source Bank 11 $827K $75K 6.89% 0.00%

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Methodology

Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 484220. Charge-off rates are calculated on the FY2020–FY2023 cohort only.