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 |
|---|---|---|---|---|
| 2025-11 | ESL FCU | RK *****NC. | WYOMING, NY | $30,000 |
| 2025-08 | Live Oak Banking Company | Twi*****LLC | HAMBURG, NY | $515,000 |
| 2025-08 | ESL FCU | FEN*****LLC | ROCHESTER, NY | $50,000 |
| 2025-08 | Manufacturers and Traders Trust Company | COA*****NC. | AMITYVILLE, NY | $220,000 |
| 2025-07 | TD Bank, National Association | All*****nc. | BROOKLYN, NY | $250,000 |
| 2025-06 | PromiseOne Bank | Spe*****Inc | WESTBURY, NY | $2,500,000 |
| 2025-05 | Live Oak Banking Company | PAW*****RP. | ELMHURST, NY | $500,000 |
| 2025-05 | TD Bank, National Association | Cha*****nc. | SYOSSET, NY | $50,000 |
| 2025-04 | Manufacturers and Traders Trust Company | JAC*****LLC | AMHERST, NY | $65,000 |
| 2025-04 | TD Bank, National Association | QUA*****ORP | BRONX, NY | $150,000 |
| 2025-04 | Manufacturers and Traders Trust Company | LAU*****LLC | CAIRO, NY | $50,000 |
| 2025-03 | Manufacturers and Traders Trust Company | WES*****LLC | BUFFALO, NY | $60,000 |
| 2025-03 | Manufacturers and Traders Trust Company | WES*****LLC | BUFFALO, NY | $10,000 |
| 2025-02 | Newtek Bank, National Association | MCM*****ery | Mastic Beach, NY | $350,000 |
| 2024-10 | Webster Bank National Association | FRE*****TD. | LYNBROOK, NY | $81,000 |
| 2024-09 | Northeast Bank | CAS*****INC | Middle Village, NY | $250,000 |
| 2024-09 | Northeast Bank | CAS*****INC | Middle Village, NY | $250,000 |
| 2024-08 | TD Bank, National Association | Res*****nc. | FLUSHING, NY | $45,000 |
| 2024-08 | Lendistry SBLC, LLC | EIG*****LLC | ASTORIA, NY | $150,000 |
| 2024-08 | TD Bank, National Association | Sma*****orp | BROOKLYN, NY | $57,500 |
| 2024-08 | Northeast Bank | WEL*****NC. | JAMAICA, NY | $250,000 |
| 2024-07 | TD Bank, National Association | Arm*****Inc | BROOKLYN, NY | $75,000 |
| 2024-06 | Northeast Bank | MAK*****NC. | Brooklyn, NY | $150,000 |
| 2024-06 | JPMorgan Chase Bank, National Association | Glo*****rp. | FRESH MEADOWS, NY | $250,000 |
| 2024-06 | TD Bank, National Association | EZ *****nc. | DIX HILLS, NY | $200,000 |
| 2024-06 | JPMorgan Chase Bank, National Association | Por*****Inc | BROOKLYN, NY | $150,000 |
| 2024-05 | Manufacturers and Traders Trust Company | SOT*****LLC | MARLBORO, NY | $15,000 |
| 2024-04 | Manufacturers and Traders Trust Company | SOT*****LLC | MARLBORO, NY | $15,000 |
| 2024-04 | Manufacturers and Traders Trust Company | SOT*****LLC | MARLBORO, NY | $35,000 |
| 2024-03 | TD Bank, National Association | Que*****rp. | STATEN ISLAND, NY | $25,000 |
| 2024-03 | Bank of America, National Association | ON *****NC. | DEER PARK, NY | $150,000 |
| 2024-03 | Bank of America, National Association | ON *****NC. | DEER PARK, NY | $151,000 |
| 2024-03 | Harvest Small Business Finance, LLC | Mim*****LLC | ALBANY, NY | $201,800 |
| 2024-02 | KeyBank National Association | Lin*****nc. | FULTON, NY | $88,300 |
| 2024-01 | TD Bank, National Association | GLL*****LLC | HARRISON, NY | $120,000 |
| 2024-01 | TD Bank, National Association | Lyf*****LLC | BROOKLYN, NY | $250,000 |
| 2023-11 | Five Star Bank | Per*****LLC | DELEVAN, NY | $25,000 |
| 2023-11 | Manufacturers and Traders Trust Company | UNI*****LLC | NEWARK, NY | $25,000 |
| 2023-11 | JPMorgan Chase Bank, National Association | Ais****LLC | LONG ISLAND CITY, NY | $225,000 |
| 2023-09 | Manufacturers and Traders Trust Company | Eve*****Inc | MARCY, NY | $15,000 |
| 2023-09 | TD Bank, National Association | Fos*****rp. | BROOKLYN, NY | $250,000 |
| 2023-09 | BayFirst National Bank | Xtr*****INC | FLUSHING, NY | $68,400 |
| 2023-08 | KeyBank National Association | AAL*****ion | Mechanicville, NY | $50,000 |
| 2023-06 | TD Bank, National Association | Fei*****LLC | MONROE, NY | $250,000 |
| 2023-05 | Manufacturers and Traders Trust Company | COD*****ING | NUNDA, NY | $38,000 |
| 2023-05 | Live Oak Banking Company | LI *****LLC | MASSAPEQUA, NY | $75,000 |
| 2023-05 | Live Oak Banking Company | LI *****LLC | MASSAPEQUA, NY | $785,000 |
| 2023-05 | Manufacturers and Traders Trust Company | ELO*****LLC | SPENCERPORT, NY | $10,000 |
| 2023-05 | Manufacturers and Traders Trust Company | ELO*****LLC | SPENCERPORT, NY | $15,000 |
| 2023-04 | Reliant Community FCU | Gar*****LLC | Rochester, NY | $180,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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