SBA loans for trucking (owner-operator) businesses
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
General Freight Trucking, Long-Distance, Truckload (NAICS 484121)
2,200loans approved
$79,200median loan
$38K–$150Kmiddle half of loans
$480.5Mtotal approved
11%median initial rate
10 yrsmedian term
Borrowers reported 11,354 jobs created or retained.
0% of these loans went to franchise locations.
Loan sizes
States with the most loans
| State | Loans | Median |
|---|---|---|
| Illinois | 340 | $90,000 |
| Ohio | 332 | $65,900 |
| California | 179 | $150,000 |
| Michigan | 173 | $48,600 |
| Indiana | 138 | $66,900 |
| Texas | 129 | $102,700 |
| Florida | 114 | $101,350 |
| Washington | 83 | $74,800 |
| Pennsylvania | 69 | $50,000 |
| New Jersey | 63 | $75,000 |
Most active lenders
| Lender | Loans | Median | Total |
|---|---|---|---|
| The Huntington National Bank | 797 | $53,600 | $78.7M |
| Lendistry Sblc, LLC | 266 | $150,000 | $47.9M |
| Northeast Bank | 194 | $77,450 | $25.6M |
| TD Bank, National Association | 100 | $47,500 | $6.9M |
| Wells Fargo Bank National Association | 87 | $15,000 | $3.0M |
| Manufacturers and Traders Trust Company | 66 | $50,000 | $4.0M |
| Bayfirst National Bank | 61 | $150,000 | $8.8M |
| JPMorgan Chase Bank, National Association | 55 | $100,000 | $8.8M |
| Keybank National Association | 28 | $30,100 | $1.3M |
| Stone Bank | 25 | $150,000 | $3.0M |
Planning one? Read how to start a trucking (owner-operator) business and model payments with the loan calculator.
What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.