SBA Loans for Motor Vehicle Towing in Colorado: Top Lenders

NAICS 488

NAICS 488 covers motor vehicle towing businesses in Colorado. Based on historical SBA 7(a) lending data.

Total Approvals

3

in Colorado

Median Loan Size

$877,600

per approval

Recent Activity

0

last 90 days through May 2024

NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $877,600.

Key trends & insights

  • Motor Vehicle Towing in Colorado lending is concentrated — Readycap Lending, LLC, First Southwest Bank, Midwest Regional Bank together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Readycap Lending, LLC leads this industry with 1 approvals (33% market share) and a median loan of $877,600.
  • Motor Vehicle Towing in Colorado loans run larger than the SBA average — a $877,600 median vs. ~$450,000 across all industries. These businesses typically need more capital.
  • SBA data for this industry goes through 2024-05-24 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Motor Vehicle Towing in Colorado

#LenderApprovalsMedian Size
11$877,600
21$448,000
31$1,557,000

Recent SBA 7(a) approvals for Motor Vehicle Towing in Colorado

MonthLenderBorrowerAmount
2025-11Zions Bank, A Division ofKBR*****any$15,000
2025-09U.S. Bank, National AssociationEZ *****LLC$50,000
2025-08U.S. Bank, National AssociationHOM*****LLC$50,000
2025-04FNB BankJET*****LLC$252,000
2025-01FMS BankBT *****LLC$100,000
2025-01FMS BankBT *****LLC$325,000
2024-11Zions Bank, A Division ofHDS*****nc.$100,000
2024-11Northeast BankDas*****LLC$24,500
2024-09Wintrust Bank National AssociationExc*****LLC$1,711,000
2024-09Wintrust Bank National AssociationExc*****LLC$750,000
2024-06KeyBank National AssociationHA****LLC$30,000
2024-05Midwest Regional BankSur*****nc.$1,557,000
2024-04T Bank, National AssociationSan*****LLC$1,406,000
2024-04Wells Fargo Bank National AssociationLON*****LLC$10,000
2023-05KeyBank National AssociationH &*****LLC$50,000
2023-03Newtek Small Business Finance, Inc.Saf*****Inc$789,000
2023-02The Central Trust BankCHU*****LLC$292,000
2023-02Readycap Lending, LLCFro*****LLC$877,600
2022-10Newtek Small Business Finance, Inc.U.S*****ing$25,000
2022-09Wells Fargo Bank National AssociationEZ-*****LLC$15,000
2021-12First Savings BankRED*****NC.$3,489,000
2021-10Brookline Bank, a Division of Beacon Bank and TrustTHO*****LLC$2,255,000
2021-06First Southwest BankGre*****LLC$448,000
2020-02First Southwest BankCOL*****JUN$903,100
2020-02Zions Bank, A Division ofIMS*****INC$20,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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