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SBA Loans for Motor Vehicle Towing in Ohio: Top Lenders

NAICS 488

NAICS 488 covers motor vehicle towing businesses in Ohio. Based on historical SBA 7(a) lending data.

Total Approvals

41

in Ohio

Median Loan Size

$50,000

per approval

Recent Activity

1

last 90 days through Jun 2025

NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 41 approvals on record and a median loan size of $50,000.

Key trends & insights

  • Motor Vehicle Towing in Ohio lending is concentrated — THE Huntington National Bank, Keybank, National Association, THE Community Bank together account for 61% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE Huntington National Bank leads this industry with 17 approvals (41% market share) and a median loan of $25,000.
  • Motor Vehicle Towing in Ohio loans skew smaller than the SBA average at $50,000 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 Ohio

#LenderApprovalsMedian Size
1
THE Huntington National Bank
17$25,000
2
Keybank, National Association
4$25,750
3
THE Community Bank
4$86,500
4
Riverhills Bank
3$75,000
5
Bokf, National Association
2$1,040,750
6
Northwest Bank
2$70,900
7
U.s. Bank, National Association
2$461,200
8
Consumers National Bank
1$590,000
9
Peoples Bank
1$225,000
10
Choiceone Bank
1$1,890,000
11
Growth Capital, CORP.
1$30,000
12
Northeast Bank
1$150,000
13
Telhio Credit Union, INC.
1$60,700
14
Readycap Lending, LLC
1$254,000

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

MonthLenderBorrowerAmount
2025-06KeyBank National AssociationWES*****LLC$40,600
2025-04The Community BankDON*****DAN$108,000
2025-01U.S. Bank, National AssociationCus*****nc.$884,700
2024-11RiverHills BankMil*****LTD$75,000
2024-02The Huntington National BankARR*****CES$50,000
2024-02RiverHills BankMil*****LTD$295,000
2024-02Northeast BankEMI*****LLC$150,000
2024-02The Huntington National BankNOL*****LLC$50,000
2023-08The Huntington National BankG W*****nc.$40,000
2023-04The Huntington National BankSMO*****LLC$52,900
2023-04The Huntington National BankPro*****LLC$86,000
2023-03The Huntington National BankSMO*****LLC$54,900
2023-02The Huntington National BankWIL*****LLC$25,000
2023-02The Huntington National BankGHA*****LLC$25,000
2023-02The Huntington National BankSMO*****LLC$25,000
2022-12The Huntington National BankIND*****NC.$25,000
2022-11The Community BankCOR*****ORF$65,000
2022-11The Community BankCOR*****ORF$36,200
2022-10Readycap Lending, LLCFul*****LLC$254,000
2022-10The Huntington National BankHYP*****LLC$25,000
2022-08Telhio Credit Union IncBur*****TD.$60,700
2022-08Growth Capital Corp.Cap*****nc.$30,000
2022-08The Huntington National BankJ.A*****LLC$11,000
2022-06BOKF, National AssociationKKT****LLC$1,187,900
2022-06BOKF, National AssociationKKT****LLC$893,600
2022-06Northwest BankWil*****Inc$91,800
2022-05U.S. Bank, National AssociationSL *****INC$37,700
2022-05ChoiceOne BankTri*****LLC$1,890,000
2022-03The Community BankKIR*****NC.$110,000
2022-02RiverHills BankMil*****LTD$55,000
2022-02The Huntington National BankDAY*****LLC$37,000
2022-02The Huntington National BankCHI*****NC.$100,000
2021-11The Huntington National BankINN*****LLC$18,000
2021-08Northwest BankNor*****nc.$50,000
2021-07Consumers National BankLLO*****INC$590,000
2021-06Peoples BankRoa*****LLC$225,000
2021-05KeyBank National AssociationAPP*****LLC$25,000
2021-05The Huntington National BankIMP*****LLC$5,000
2021-01The Huntington National BankK S*****LLC$28,300
2021-01The Huntington National BankK S*****LLC$25,000
2020-12KeyBank National AssociationRon*****LLC$26,500
2020-10KeyBank National AssociationAla*****LLC$20,600

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

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