SBA Loans for Coastal and Great Lakes Passenger Transportation: Top Lenders & Recent Approvals
NAICS 483NAICS 483 covers coastal and great lakes passenger transportation businesses. Based on historical SBA 7(a) lending data.
Total Approvals
15
for Coastal and Great Lakes Passenger Transportation
Median Loan Size
$500,000
per approval
Recent Activity
10
last 90 days through Jan 2025
NAICS 483 covers coastal and great lakes passenger transportation businesses. This is a smaller category in SBA 7(a) lending with 15 approvals on record and a median loan size of $500,000.
Key trends & insights
- SBA lending to coastal and great lakes passenger transportation businesses declined 19% year-over-year — from 21 to 17 approvals.
- Total SBA dollars flowing into this industry decreased by 48% year-over-year, reaching $3,583,000 in the trailing 12 months.
- Wells Fargo Bank, National Association leads this industry with 7 approvals (15% market share) and a median loan of $15,000.
- Coastal and Great Lakes Passenger Transportation SBA lending clusters in Florida (40%), Georgia (7%), Louisiana (7%) — these three states represent 53% of all activity nationwide.
- The typical loan size for coastal and great lakes passenger transportation has decreased 54% — average median moving from $406,667 to $185,458.
Lending trends for Coastal and Great Lakes Passenger Transportation
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 7 | $15,000 | |
| 2 | 6 | $75,000 | |
| 3 | 5 | $935,000 | |
| 4 | 4 | $918,000 | |
| 5 | 3 | $250,000 | |
| 6 | 2 | $286,700 | |
| 7 | 2 | $500,000 | |
| 8 | 2 | $803,500 | |
| 9 | 2 | $115,000 | |
| 10 | 2 | $2,813,200 | |
| 11 | 2 | $50,000 | |
| 12 | 2 | $500,000 | |
| 13 | 1 | $55,000 | |
| 14 | 1 | $750,000 | |
| 15 | 1 | $300,000 | |
| 16 | 1 | $816,500 | |
| 17 | 1 | $150,000 | |
| 18 | 1 | $150,000 | |
| 19 | 1 | $40,000 | |
| 20 | 1 | $139,500 |
Recent SBA 7(a) approvals for Coastal and Great Lakes Passenger Transportation
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | TD Bank, National Association | Sag*****LLC | NEW YORK, NY | $60,000 |
| 2025-05 | Wells Fargo Bank National Association | ARB*****LLC | MORRISTOWN, NJ | $15,000 |
| 2025-04 | Wallis Bank | Ava*****ion | AVALON, CA | $296,000 |
| 2025-02 | U.S. Bank, National Association | LIV*****LLC | CERES, CA | $50,000 |
| 2025-02 | Manufacturers and Traders Trust Company | Har*****LLC | STEWARTSTOWN, PA | $55,000 |
| 2025-02 | Northeast Bank | Mar*****ion | Brooklyn, NY | $150,000 |
| 2025-01 | Sunshine State Economic Development Corporation | Res*****LLC | Miami, FL | $139,500 |
| 2025-01 | Wells Fargo Bank National Association | Tom*****nc. | TOMKINS COVE, NY | $453,000 |
| 2025-01 | KeyBank National Association | Nor*****nc. | Seattle, WA | $918,000 |
| 2025-01 | First Bank | ALL*****NC. | SOUTH AMBOY, NJ | $100,000 |
| 2024-09 | Celtic Bank Corporation | A.T*****nc. | NEW HOPE, PA | $80,000 |
| 2024-08 | Hancock Whitney Bank | Cur*****LLC | MOBILE, AL | $60,000 |
| 2024-06 | Paragon Bank | Ohi*****LLC | PHILO, OH | $816,500 |
| 2024-04 | KeyBank National Association | MEL*****LC' | JUNEAU, AK | $150,000 |
| 2024-02 | Newtek Bank, National Association | CK *****Inc | North Palm Beach, FL | $150,000 |
| 2024-01 | Washington Trust Bank | Isl*****Inc | ANACORTES, WA | $40,000 |
| 2023-11 | Readycap Lending, LLC | EL *****LLC | MONTGOMERY, TX | $50,000 |
| 2023-10 | KeyBank National Association | D.E*****LLC | Philadelphia, PA | $20,000 |
| 2023-10 | Wells Fargo Bank National Association | ZA****LLC | MURRIETA, CA | $15,000 |
| 2023-09 | KeyBank National Association | MEL*****LC' | Juneau, AK | $1,000,000 |
| 2023-09 | Peoples Security Bank and Trust Company | Phi*****LLC | Philadelphia, PA | $625,000 |
| 2023-09 | Wells Fargo Bank National Association | EK *****LLC | COCONUT CREEK, FL | $10,000 |
| 2023-07 | SouthState Bank, National Association | 53 *****LLC | BOCA RATON, FL | $750,000 |
| 2023-06 | Stearns Bank National Association | PAC*****.C. | HOUMA, LA | $660,000 |
| 2023-06 | Wells Fargo Bank National Association | MID*****NC. | VIRGINIA BEACH, VA | $30,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | Florida | 6 |
| 2 | Georgia | 1 |
| 3 | Louisiana | 1 |
| 4 | New Jersey | 1 |
| 5 | New York | 1 |
| 6 | Ohio | 1 |
| 7 | Texas | 1 |
| 8 | Washington | 1 |
| 9 | Alabama | 1 |
| 10 | Wisconsin | 1 |
SBA loans for Coastal and Great Lakes Passenger Transportation by state
Similar industries
Frequently asked questions about SBA loans for Coastal and Great Lakes Passenger Transportation
Who are the top SBA lenders for Coastal and Great Lakes Passenger Transportation?▾
Based on historical SBA 7(a) data, the most active lenders for Coastal and Great Lakes Passenger Transportation (NAICS 483) include Wells Fargo Bank, National Association, Manufacturers AND Traders Trust Company, Paradise Bank, and 17 more. Wells Fargo Bank, National Association leads with 7 approved loans.
What is the typical SBA loan size for Coastal and Great Lakes Passenger Transportation?▾
The median SBA 7(a) loan amount for Coastal and Great Lakes Passenger Transportation businesses is $500,000, based on 15 total approved loans in the dataset.
Which states have the most SBA lending activity for Coastal and Great Lakes Passenger Transportation?▾
Florida leads with 6 SBA 7(a) approvals for Coastal and Great Lakes Passenger Transportation, followed by Georgia (1) and Louisiana (1).
How do I find the best SBA lender for my coastal and great lakes passenger transportation business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 483. 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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