SBA Loans for Motor Vehicle Towing in New York: Top Lenders

NAICS 488

NAICS 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

#LenderApprovalsMedian Size
16$37,500
26$87,500
31$150,000
41$200,000
51$500,000
61$50,000
71$180,000
81$250,000

Recent SBA 7(a) approvals for Motor Vehicle Towing in New York

MonthLenderBorrowerAmount
2025-11ESL FCURK *****NC.$30,000
2025-08Live Oak Banking CompanyTwi*****LLC$515,000
2025-08ESL FCUFEN*****LLC$50,000
2025-08Manufacturers and Traders Trust CompanyCOA*****NC.$220,000
2025-07TD Bank, National AssociationAll*****nc.$250,000
2025-06PromiseOne BankSpe*****Inc$2,500,000
2025-05Live Oak Banking CompanyPAW*****RP.$500,000
2025-05TD Bank, National AssociationCha*****nc.$50,000
2025-04Manufacturers and Traders Trust CompanyJAC*****LLC$65,000
2025-04TD Bank, National AssociationQUA*****ORP$150,000
2025-04Manufacturers and Traders Trust CompanyLAU*****LLC$50,000
2025-03Manufacturers and Traders Trust CompanyWES*****LLC$60,000
2025-03Manufacturers and Traders Trust CompanyWES*****LLC$10,000
2025-02Newtek Bank, National AssociationMCM*****ery$350,000
2024-10Webster Bank National AssociationFRE*****TD.$81,000
2024-09Northeast BankCAS*****INC$250,000
2024-09Northeast BankCAS*****INC$250,000
2024-08TD Bank, National AssociationRes*****nc.$45,000
2024-08Lendistry SBLC, LLCEIG*****LLC$150,000
2024-08TD Bank, National AssociationSma*****orp$57,500
2024-08Northeast BankWEL*****NC.$250,000
2024-07TD Bank, National AssociationArm*****Inc$75,000
2024-06Northeast BankMAK*****NC.$150,000
2024-06JPMorgan Chase Bank, National AssociationGlo*****rp.$250,000
2024-06TD Bank, National AssociationEZ *****nc.$200,000
2024-06JPMorgan Chase Bank, National AssociationPor*****Inc$150,000
2024-05Manufacturers and Traders Trust CompanySOT*****LLC$15,000
2024-04Manufacturers and Traders Trust CompanySOT*****LLC$15,000
2024-04Manufacturers and Traders Trust CompanySOT*****LLC$35,000
2024-03TD Bank, National AssociationQue*****rp.$25,000
2024-03Bank of America, National AssociationON *****NC.$150,000
2024-03Bank of America, National AssociationON *****NC.$151,000
2024-03Harvest Small Business Finance, LLCMim*****LLC$201,800
2024-02KeyBank National AssociationLin*****nc.$88,300
2024-01TD Bank, National AssociationGLL*****LLC$120,000
2024-01TD Bank, National AssociationLyf*****LLC$250,000
2023-11Five Star BankPer*****LLC$25,000
2023-11Manufacturers and Traders Trust CompanyUNI*****LLC$25,000
2023-11JPMorgan Chase Bank, National AssociationAis****LLC$225,000
2023-09Manufacturers and Traders Trust CompanyEve*****Inc$15,000
2023-09TD Bank, National AssociationFos*****rp.$250,000
2023-09BayFirst National BankXtr*****INC$68,400
2023-08KeyBank National AssociationAAL*****ion$50,000
2023-06TD Bank, National AssociationFei*****LLC$250,000
2023-05Manufacturers and Traders Trust CompanyCOD*****ING$38,000
2023-05Live Oak Banking CompanyLI *****LLC$75,000
2023-05Live Oak Banking CompanyLI *****LLC$785,000
2023-05Manufacturers and Traders Trust CompanyELO*****LLC$10,000
2023-05Manufacturers and Traders Trust CompanyELO*****LLC$15,000
2023-04Reliant Community FCUGar*****LLC$180,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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