SBA Loans for Motor Vehicle Towing in South Carolina: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in South Carolina. Based on historical SBA 7(a) lending data.
Total Approvals
4
in South Carolina
Median Loan Size
$137,500
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $137,500.
Key trends & insights
- Motor Vehicle Towing in South Carolina lending is concentrated — TD Bank, National Association, Bayfirst National Bank, Northeast Bank together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- TD Bank, National Association leads this industry with 2 approvals (50% market share) and a median loan of $25,000.
- Motor Vehicle Towing in South Carolina loans skew smaller than the SBA average at $137,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2025-02-27 — 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 South Carolina
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $25,000 | |
| 2 | 1 | $450,000 | |
| 3 | 1 | $250,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in South Carolina
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Countybank | cro*****llc | Spartanburg, SC | $525,000 |
| 2025-05 | United Midwest Savings Bank National Association | Cha*****LLC | Charleston, SC | $150,000 |
| 2025-02 | Northeast Bank | ACC*****L.C | Blythewood, SC | $250,000 |
| 2024-12 | TD Bank, National Association | Con*****LLC | FORT MILL, SC | $25,000 |
| 2024-10 | United Midwest Savings Bank National Association | Gre*****LLC | GREENVILLE, SC | $150,000 |
| 2024-08 | BayFirst National Bank | Hip*****Inc | MYRTLE BEACH, SC | $450,000 |
| 2024-08 | BayFirst National Bank | Hip*****Inc | MYRTLE BEACH, SC | $450,000 |
| 2024-07 | Lendistry SBLC, LLC | 1st*****LLC | INMAN, SC | $51,700 |
| 2024-06 | TD Bank, National Association | Aco*****LLC | MOUNT PLEASANT, SC | $25,000 |
| 2024-04 | Security Federal Bank | Iss*****LLC | Columbia, SC | $301,500 |
| 2024-02 | BayFirst National Bank | Too*****LLC | SUMTER, SC | $75,000 |
| 2023-10 | BayFirst National Bank | ACC*****L.C | BLYTHEWOOD, SC | $134,000 |
| 2023-03 | Pinnacle Bank | Bar*****ing | SIMPSONVILLE, SC | $228,000 |
| 2021-07 | The Bank of Edison | Whi*****LLC | Aiken, SC | $639,500 |
| 2020-10 | Wells Fargo Bank National Association | BIG*****LLC | GREENVILLE, SC | $10,000 |
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