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.
- SBA data for this industry goes through 2025-03-25 — 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 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 |
| 2025-03 | Northeast Bank | per*****air | MITCHELL, IN | $250,000 |
| 2025-03 | Dogwood State Bank | Fro*****LLC | Crawfordsville, IN | $998,500 |
| 2024-10 | The Huntington National Bank | JP *****INC | PLAINFIELD, IN | $25,000 |
| 2024-07 | JPMorgan Chase Bank, National Association | Sha*****LLC | AVON, IN | $500,000 |
| 2024-04 | Flagship Enterprise Center, Inc. (dba Bankable) | Aff*****LLC | ANDERSON, IN | $150,000 |
| 2024-03 | The Huntington National Bank | AM *****NC. | INDIANAPOLIS, IN | $61,000 |
| 2024-01 | Three Rivers Federal Credit Union | Riv*****nc. | SAINT JOE, IN | $80,000 |
| 2023-05 | The Huntington National Bank | Tol*****LLC | Indianapolis, IN | $116,700 |
| 2023-04 | 1st Source Bank | Cat*****LLC | HAMMOND, IN | $500,000 |
| 2023-03 | 1st Source Bank | Cat*****LLC | HAMMOND, IN | $500,000 |
| 2022-09 | The Napoleon State Bank | RED*****LLC | WESTPORT, IN | $115,800 |
| 2022-07 | Fifth Third Bank | Sot*****LLC | TERRE HAUTE, IN | $100,000 |
| 2022-07 | The Huntington National Bank | Bo****LLC | Indianapolis, IN | $46,400 |
| 2022-02 | The Huntington National Bank | Tol*****LLC | Indianapolis, IN | $60,900 |
| 2022-02 | Pinnacle Bank | EAS*****NC. | BATESVILLE, IN | $500,000 |
| 2022-02 | Pinnacle Bank | EAS*****NC. | BATESVILLE, IN | $1,724,000 |
| 2021-10 | The Huntington National Bank | Cle*****LLC | Avon, IN | $125,000 |
| 2021-09 | Firstrust Savings Bank | AMR*****LLC | INDIANAPOLIS, IN | $935,000 |
| 2020-12 | The Huntington National Bank | Lip*****any | Fremont, IN | $2,029,900 |
| 2020-10 | 1st Source Bank | Mic*****nc. | Mishawaka, IN | $65,000 |
| 2020-04 | The Huntington National Bank | Cle*****LLC | Avon, IN | $60,000 |
| 2020-03 | First Bank of the Lake | Har*****LLC | Indianapolis, IN | $3,678,200 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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