SBA Loans for Motor Vehicle Towing in Indiana: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in Indiana. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Indiana
Median Loan Size
$125,000
per approval
Recent Activity
0
last 90 days through Mar 2025
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $125,000.
Key trends & insights
- Motor Vehicle Towing in Indiana lending is concentrated — THE Huntington National Bank, Cfbank, National Association, Flagship Enterprise Center, INC. (dba Bankable) together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 3 approvals (60% market share) and a median loan of $60,900.
- Motor Vehicle Towing in Indiana loans skew smaller than the SBA average at $125,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Motor Vehicle Towing in Indiana
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $60,900 | |
| 2 | 1 | $500,000 | |
| 3 | 1 | $150,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in Indiana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-03 | CFBank National Association | Lit*****Inc | ZIONSVILLE, IN | $500,000 |
| 2024-04 | Flagship Enterprise Center, Inc. (dba Bankable) | Aff*****LLC | ANDERSON, IN | $150,000 |
| 2022-02 | The Huntington National Bank | Tol*****LLC | Indianapolis, IN | $60,900 |
| 2021-10 | The Huntington National Bank | Cle*****LLC | Avon, IN | $125,000 |
| 2020-04 | The Huntington National Bank | Cle*****LLC | Avon, IN | $60,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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