SBA Loans for Motor Vehicle Towing in North Carolina: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in North Carolina. Based on historical SBA 7(a) lending data.
Total Approvals
13
in North Carolina
Median Loan Size
$250,000
per approval
Recent Activity
0
last 90 days through Jan 2025
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 13 approvals on record and a median loan size of $250,000.
Key trends & insights
- First Community Bank leads this industry with 2 approvals (15% market share) and a median loan of $1,020,000.
- SBA data for this industry goes through 2025-01-15 — 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 North Carolina
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $1,020,000 | |
| 2 | 2 | $2,125,000 | |
| 3 | 1 | $200,000 | |
| 4 | 1 | $1,329,900 | |
| 5 | 1 | $4,055,000 | |
| 6 | 1 | $250,000 | |
| 7 | 1 | $9,900 | |
| 8 | 1 | $250,000 | |
| 9 | 1 | $40,000 | |
| 10 | 1 | $150,000 | |
| 11 | 1 | $165,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in North Carolina
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | North State Bank | CBJ*****LLC | KNIGHTDALE, NC | $1,220,500 |
| 2025-11 | First Community Bank | HK *****LLC | MORRISVILLE, NC | $463,500 |
| 2025-07 | Live Oak Banking Company | ECT*****LLC | RALEIGH, NC | $3,600,000 |
| 2025-06 | Wells Fargo Bank National Association | ROL*****LLC | MILLERS CREEK, NC | $15,000 |
| 2025-03 | Byline Bank | REP*****LLC | CHARLOTTE, NC | $1,730,000 |
| 2025-03 | Northeast Bank | Ons*****LLC | Oakboro, NC | $150,000 |
| 2025-01 | Byline Bank | REP*****LLC | CHARLOTTE, NC | $1,100,000 |
| 2025-01 | First National Bank of Pennsylvania | For*****LLC | CHARLOTTE, NC | $4,055,000 |
| 2025-01 | First Community Bank | PB**INC | Wilkesboro, NC | $1,080,000 |
| 2025-01 | First Community Bank | PB**INC | Wilkesboro, NC | $960,000 |
| 2025-01 | First Community Bank | KC *****LLC | MORGANTON, NC | $1,080,000 |
| 2025-01 | Northeast Bank | To****LLC | Manteo, NC | $50,000 |
| 2024-11 | Northeast Bank | Hoo*****LLC | Randleman, NC | $250,000 |
| 2024-11 | Newtek Bank, National Association | JON*****LLC | Summerfield, NC | $250,000 |
| 2024-08 | Evolve Bank and Trust | A &*****NC. | Rural Hall, NC | $1,329,900 |
| 2024-07 | Pinnacle Bank | VEE*****LLC | MONROE, NC | $518,000 |
| 2024-07 | First Community Bank | PB**Inc | Wilkesboro, NC | $679,400 |
| 2024-04 | First Bank | Cla*****ire | LEXINGTON, NC | $125,000 |
| 2024-04 | First Bank | Cla*****ire | LEXINGTON, NC | $543,000 |
| 2024-04 | Celtic Bank Corporation | HBT*****ICS | Holly Springs, NC | $150,000 |
| 2024-02 | Byline Bank | REP*****LLC | CHARLOTTE, NC | $2,830,000 |
| 2024-01 | PNC Bank, National Association | 1ST*****LLC | CLAYTON, NC | $40,000 |
| 2023-12 | Carolina Small Business Development Fund | Ric*****LLC | Clayton, NC | $165,000 |
| 2023-11 | TD Bank, National Association | Has*****LLC | CHARLOTTE, NC | $68,000 |
| 2023-11 | Wells Fargo Bank National Association | DUL*****LLC | GREENVILLE, NC | $15,000 |
| 2023-11 | Wells Fargo Bank National Association | KOR*****LLC | GREENSBORO, NC | $10,000 |
| 2023-08 | SouthState Bank, National Association | All*****nc. | BLADENBORO, NC | $200,000 |
| 2023-08 | SouthState Bank, National Association | DNA*****LLC | CLAYTON, NC | $100,000 |
| 2023-08 | Northeast Bank | 6 S*****LLC | CAMERON, NC | $50,000 |
| 2023-03 | Pinnacle Bank | AGO*****LLC | CHARLOTTE, NC | $1,005,000 |
| 2023-03 | Pinnacle Bank | AGO*****LLC | CHARLOTTE, NC | $350,000 |
| 2023-02 | Live Oak Banking Company | VEH*****LLC | RALEIGH, NC | $250,000 |
| 2023-02 | Live Oak Banking Company | VEH*****LLC | RALEIGH, NC | $4,000,000 |
| 2022-11 | Wells Fargo Bank National Association | RIV*****LLC | GIBSON, NC | $15,000 |
| 2022-10 | First National Bank of Pennsylvania | ECT*****LLC | RALEIGH, NC | $3,695,000 |
| 2022-10 | First National Bank of Pennsylvania | ECT*****LLC | RALEIGH, NC | $350,000 |
| 2022-09 | Cadence Bank | DEL*****LLC | WILMINGTON, NC | $160,000 |
| 2022-08 | Readycap Lending, LLC | End*****ing | MONROE, NC | $254,000 |
| 2022-08 | Dogwood State Bank | Ada*****ery | Burlington, NC | $100,000 |
| 2022-08 | Dogwood State Bank | Ada*****LLC | Burlington, NC | $4,872,000 |
| 2022-07 | Live Oak Banking Company | Nob*****LLC | CHARLOTTE, NC | $3,435,000 |
| 2022-06 | HomeTrust Bank | KSB*****LLC | WILSON, NC | $1,215,000 |
| 2022-06 | BayFirst National Bank | UWE*****LLC | CHARLOTTE, NC | $150,000 |
| 2022-01 | The Fidelity Bank | Cit*****LLC | RALEIGH, NC | $877,000 |
| 2021-12 | Wells Fargo Bank National Association | GPD*****INC | STONY POINT, NC | $10,000 |
| 2021-11 | Wells Fargo Bank National Association | STR*****ICE | HAMLET, NC | $10,000 |
| 2021-09 | Truist Bank | Alb*****Inc | MOYOCK, NC | $601,000 |
| 2021-08 | Fifth Third Bank | Lar*****nc. | CHARLOTTE, NC | $402,500 |
| 2021-02 | First National Bank of Pennsylvania | REP*****LLC | CHARLOTTE, NC | $350,000 |
| 2021-02 | First National Bank of Pennsylvania | REP*****LLC | CHARLOTTE, NC | $1,567,100 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet