SBA Loans for Motor Vehicle Towing in Louisiana: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in Louisiana. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Louisiana
Median Loan Size
$80,200
per approval
Recent Activity
0
last 90 days through Apr 2024
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $80,200.
Key trends & insights
- Motor Vehicle Towing in Louisiana loans skew smaller than the SBA average at $80,200 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 2024-04-06 — 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 Louisiana
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $10,400 | |
| 2 | 1 | $150,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in Louisiana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-01 | Northeast Bank | THE*****LLC | NEW ORLEANS, LA | $17,000 |
| 2024-08 | b1BANK | A.I*****LLC | LAFAYETTE, LA | $150,000 |
| 2024-07 | Gulf Coast Bank | Leb*****LLC | Erath, LA | $247,600 |
| 2024-05 | Hancock Whitney Bank | Tra*****LLC | NEW ORLEANS, LA | $950,000 |
| 2024-04 | Celtic Bank Corporation | LEB*****LLC | Broussard, LA | $150,000 |
| 2024-01 | American Bank | Luc*****LLC | Deridder, LA | $240,000 |
| 2023-09 | BayFirst National Bank | Das*****Inc | WESTWEGO, LA | $150,000 |
| 2022-02 | Gulf Coast Bank | The*****ore | Carencro, LA | $237,400 |
| 2021-08 | Pelican Credit Union | Dys*****LLC | AMITE, LA | $10,400 |
| 2020-07 | Community Bank & Trust-West Georgia | Pet*****LLC | Walker, LA | $3,835,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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