Best SBA 7(a) lenders for specialized freight (except used goods) trucking, long-distance
The top SBA 7(a) lenders for specialized freight (except used goods) trucking, long-distance (NAICS 484230) are The Huntington National Bank, TD Bank, National Association, Wells Fargo Bank National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 598 loans totaling $146.2M to businesses in this industry. Average loan size: $244K. Average rate: 8.92%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 3.05%.
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 128 | $10.6M | $83K | 7.73% | 0.00% |
| 2 | TD Bank, National Association | 58 | $4.4M | $75K | 10.58% | 14.29% |
| 3 | Wells Fargo Bank National Association | 58 | $822K | $14K | 11.24% | 11.36% |
| 4 | Manufacturers and Traders Trust Company | 22 | $2.0M | $91K | 10.85% | 9.09% |
| 5 | JPMorgan Chase Bank, National Association | 21 | $2.4M | $113K | 10.93% | 0.00% |
| 6 | U.S. Bank, National Association | 19 | $2.7M | $142K | 6.09% | 0.00% |
| 7 | Bank of America, National Association | 18 | $4.3M | $241K | 8.14% | 0.00% |
| 8 | Zions Bank, A Division of | 17 | $3.3M | $193K | 9.92% | 0.00% |
| 9 | Lendistry SBLC, LLC | 14 | $2.8M | $200K | 12.21% | — |
| 10 | Columbia Bank | 12 | $900K | $75K | 10.92% | 0.00% |
| 11 | PNC Bank, National Association | 11 | $350K | $32K | 11.22% | 10.00% |
| 12 | Northeast Bank | 9 | $2.4M | $269K | 10.53% | — |
| 13 | Security Bank USA | 9 | $1.4M | $152K | 5.60% | 0.00% |
| 14 | KeyBank National Association | 9 | $353K | $39K | 8.91% | 0.00% |
| 15 | Peoples Bank | 8 | $699K | $87K | 5.54% | 0.00% |
Get matched with SBA lenders — free
Tell us a bit about your funding need. We'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 484230. Charge-off rates are calculated on the FY2020–FY2023 cohort only.