SBA Loans for Scheduled Passenger Air Transportation: Top Lenders & Recent Approvals
NAICS 481NAICS 481 covers scheduled passenger air transportation businesses. Based on historical SBA 7(a) lending data.
Total Approvals
15
for Scheduled Passenger Air Transportation
Median Loan Size
$225,000
per approval
Recent Activity
12
last 90 days through May 2025
NAICS 481 covers scheduled passenger air transportation businesses. This is a smaller category in SBA 7(a) lending with 15 approvals on record and a median loan size of $225,000.
Key trends & insights
- SBA lending to scheduled passenger air transportation businesses grew 40% year-over-year — from 20 to 28 approvals.
- Total SBA dollars flowing into this industry increased by 48% year-over-year, reaching $25,486,600 in the trailing 12 months.
- THE Huntington National Bank leads this industry with 10 approvals (18% market share) and a median loan of $100,000.
- Scheduled Passenger Air Transportation SBA lending clusters in Michigan (20%), Alaska (13%), California (7%) — these three states represent 40% of all activity nationwide.
- The typical loan size for scheduled passenger air transportation has increased 37% — average median moving from $639,892 to $875,633.
Lending trends for Scheduled Passenger Air Transportation
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 10 | $100,000 | |
| 2 | 6 | $250,000 | |
| 3 | 5 | $20,000 | |
| 4 | 5 | $2,000,000 | |
| 5 | 4 | $2,200,000 | |
| 6 | 3 | $300,000 | |
| 7 | 3 | $500,000 | |
| 8 | 3 | $1,502,000 | |
| 9 | 3 | $1,500,000 | |
| 10 | 2 | $100,000 | |
| 11 | 2 | $150,000 | |
| 12 | 2 | $350,000 | |
| 13 | 2 | $350,000 | |
| 14 | 1 | $2,175,000 | |
| 15 | 1 | $250,000 | |
| 16 | 1 | $779,300 | |
| 17 | 1 | $100,000 | |
| 18 | 1 | $500,000 | |
| 19 | 1 | $1,782,900 | |
| 20 | 1 | $100,000 |
Recent SBA 7(a) approvals for Scheduled Passenger Air Transportation
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-09 | Pathward National Association | Sof*****LLC | Brentwood, CA | $1,575,200 |
| 2025-09 | American Bank and Trust | Aer*****LLC | HIGHMORE, SD | $105,500 |
| 2025-09 | Wells Fargo Bank National Association | Eag*****LLC | DANBURY, CT | $2,207,600 |
| 2025-09 | Stone Bank | Isl*****td. | FORT LAUDERDALE, FL | $1,220,000 |
| 2025-05 | Alaska Growth Capital BIDCO, Inc. | Ree*****LLC | Anchorage, AK | $4,364,000 |
| 2025-05 | The Huntington National Bank | Jet*****LLC | DENVER, CO | $102,000 |
| 2025-05 | FinWise Bank | Glo*****LLC | Los Angeles, CA | $3,250,000 |
| 2025-04 | PlainsCapital Bank | JET*****LLC | LAKEWOOD VILLAGE, TX | $100,000 |
| 2025-04 | Northeast Bank | Sky*****LLC | Goleta, CA | $50,000 |
| 2025-04 | Northeast Bank | Thu*****ess | Dacula, GA | $43,800 |
| 2025-03 | Northeast Bank | Prn*****nc. | Dallas, GA | $115,000 |
| 2025-03 | Newtek Bank, National Association | AA *****ice | Lincoln, CA | $2,000,000 |
| 2025-01 | Northeast Bank | THO*****NC. | SWANZEY, NH | $250,000 |
| 2025-01 | Lendistry SBLC, LLC | JC *****LLC | Flowood, MS | $300,000 |
| 2024-11 | Northeast Bank | Azt*****Inc | Fort Lauderdale, FL | $250,000 |
| 2024-11 | Commercial Bank of Texas N.A. | Eas*****any | TOMBALL, TX | $380,000 |
| 2024-09 | FinWise Bank | Glo*****LLC | Los Angeles, CA | $1,500,000 |
| 2024-09 | First Federal Community Bank National Association | Ins*****LLC | DUNDEE, OH | $350,000 |
| 2024-08 | The Huntington National Bank | Isl*****llc | PUT IN BAY, OH | $79,900 |
| 2024-07 | DreamSpring | Hig*****Inc | Albuquerque, NM | $102,500 |
| 2024-06 | Northeast Bank | TRC*****RP. | Miami, FL | $250,000 |
| 2024-06 | Ocean Bank | MWL*****LLC | MIAMI LAKES, FL | $2,981,100 |
| 2024-06 | Banner Bank | Int*****nc. | COTTAGE GROVE, OR | $350,000 |
| 2024-06 | Newtek Bank, National Association | Bra*****Inc | Anchorage, AK | $2,200,000 |
| 2024-06 | Newtek Bank, National Association | Oas*****LLC | Delray Beach, FL | $500,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
State-by-state breakdown
SBA loans for Scheduled Passenger Air Transportation by state
Similar industries
Frequently asked questions about SBA loans for Scheduled Passenger Air Transportation
Who are the top SBA lenders for Scheduled Passenger Air Transportation?▾
Based on historical SBA 7(a) data, the most active lenders for Scheduled Passenger Air Transportation (NAICS 481) include THE Huntington National Bank, Northeast Bank, Wells Fargo Bank, National Association, and 17 more. THE Huntington National Bank leads with 10 approved loans.
What is the typical SBA loan size for Scheduled Passenger Air Transportation?▾
The median SBA 7(a) loan amount for Scheduled Passenger Air Transportation businesses is $225,000, based on 15 total approved loans in the dataset.
Which states have the most SBA lending activity for Scheduled Passenger Air Transportation?▾
Michigan leads with 3 SBA 7(a) approvals for Scheduled Passenger Air Transportation, followed by Alaska (2) and California (1).
How do I find the best SBA lender for my scheduled passenger air transportation business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 481. You can also use the MyLenderPilot Lender Fit Quiz to get a personalized ranking based on your state, loan size, and years in business.
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