SBA Loans for Motor Vehicle Towing in New York: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in New York. Based on historical SBA 7(a) lending data.
Total Approvals
18
in New York
Median Loan Size
$87,500
per approval
Recent Activity
2
last 90 days through Aug 2025
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 18 approvals on record and a median loan size of $87,500.
Key trends & insights
- Motor Vehicle Towing in New York lending is concentrated — Manufacturers AND Traders Trust Company, TD Bank, National Association, Lendistry Sblc, LLC together account for 72% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Manufacturers AND Traders Trust Company leads this industry with 6 approvals (33% market share) and a median loan of $37,500.
- Motor Vehicle Towing in New York loans skew smaller than the SBA average at $87,500 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 New York
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 6 | $37,500 | |
| 2 | 6 | $87,500 | |
| 3 | 1 | $150,000 | |
| 4 | 1 | $200,000 | |
| 5 | 1 | $500,000 | |
| 6 | 1 | $50,000 | |
| 7 | 1 | $180,000 | |
| 8 | 1 | $250,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in New York
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | ESL FCU | FEN*****LLC | ROCHESTER, NY | $50,000 |
| 2025-08 | Manufacturers and Traders Trust Company | COA*****NC. | AMITYVILLE, NY | $220,000 |
| 2025-05 | Live Oak Banking Company | PAW*****RP. | ELMHURST, NY | $500,000 |
| 2025-04 | Manufacturers and Traders Trust Company | LAU*****LLC | CAIRO, NY | $50,000 |
| 2024-08 | Lendistry SBLC, LLC | EIG*****LLC | ASTORIA, NY | $150,000 |
| 2024-08 | Northeast Bank | WEL*****NC. | JAMAICA, NY | $250,000 |
| 2024-07 | TD Bank, National Association | Arm*****Inc | BROOKLYN, NY | $75,000 |
| 2024-02 | KeyBank National Association | Lin*****nc. | FULTON, NY | $88,300 |
| 2024-01 | TD Bank, National Association | GLL*****LLC | HARRISON, NY | $120,000 |
| 2023-11 | Five Star Bank | Per*****LLC | DELEVAN, NY | $25,000 |
| 2023-06 | TD Bank, National Association | Fei*****LLC | MONROE, NY | $250,000 |
| 2023-05 | Manufacturers and Traders Trust Company | ELO*****LLC | SPENCERPORT, NY | $15,000 |
| 2023-05 | Manufacturers and Traders Trust Company | ELO*****LLC | SPENCERPORT, NY | $10,000 |
| 2023-04 | Reliant Community FCU | Gar*****LLC | Rochester, NY | $180,000 |
| 2023-01 | TD Bank, National Association | DCM*****LLC | CORAM, NY | $15,000 |
| 2022-06 | TD Bank, National Association | Sri*****Inc | STATEN ISLAND, NY | $55,000 |
| 2022-05 | JPMorgan Chase Bank, National Association | Tea*****nc. | GARDEN CITY, NY | $200,000 |
| 2022-05 | Dime Community Bank | Han*****LLC | Calverton, NY | $500,000 |
| 2022-02 | TD Bank, National Association | ESL*****nc. | CAMBRIA HEIGHTS, NY | $6,000 |
| 2021-08 | TD Bank, National Association | Mos*****Inc | Brooklyn, NY | $100,000 |
| 2021-04 | Manufacturers and Traders Trust Company | Qui*****LLC | BERGEN, NY | $75,000 |
| 2020-02 | Manufacturers and Traders Trust Company | Luc*****LLC | Hamburg, NY | $25,000 |
| 2019-12 | Arrow Bank National Association | MCG*****LLC | Westport, NY | $20,000 |
| 2019-12 | Manufacturers and Traders Trust Company | Sim*****LLC | Rochester, NY | $15,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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