SBA Loans for Motor Vehicle Towing in Tennessee: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in Tennessee. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Tennessee
Median Loan Size
$350,000
per approval
Recent Activity
0
last 90 days through Mar 2025
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $350,000.
Key trends & insights
- Motor Vehicle Towing in Tennessee lending is concentrated — U.s. Bank, National Association, Northeast Bank, Pinnacle Bank together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- U.s. Bank, National Association leads this industry with 1 approvals (20% market share) and a median loan of $585,000.
- SBA data for this industry goes through 2025-03-22 — 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 Tennessee
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $585,000 | |
| 2 | 1 | $251,800 | |
| 3 | 1 | $999,000 | |
| 4 | 1 | $150,000 | |
| 5 | 1 | $350,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in Tennessee
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | First Horizon Bank | GT *****LLC | SHELBYVILLE, TN | $1,173,000 |
| 2025-09 | First Farmers and Merchants Bank | We *****LLC | NASHVILLE, TN | $500,000 |
| 2025-06 | First Bank of the Lake | Ble*****LLC | Nashville, TN | $150,000 |
| 2025-03 | Northeast Bank | JPR*****LLC | Spring Hill, TN | $251,800 |
| 2025-01 | Northeast Bank | GAR*****LLC | Antioch, TN | $118,000 |
| 2024-08 | U.S. Bank, National Association | Dav*****rds | CLARKSVILLE, TN | $585,000 |
| 2023-11 | Pinnacle Bank | Wes*****nc. | MEMPHIS, TN | $999,000 |
| 2023-08 | JPMorgan Chase Bank, National Association | Con*****Inc | LA VERGNE, TN | $350,000 |
| 2023-07 | SouthState Bank, National Association | CHO*****LLC | LAWRENCEBURG, TN | $350,000 |
| 2023-06 | Bank of America, National Association | 1st*****LLC | HIXSON, TN | $680,000 |
| 2021-08 | The Huntington National Bank | Ste*****nc. | Smyrna, TN | $1,299,700 |
| 2021-08 | The Huntington National Bank | Ste*****nc. | Smyrna, TN | $75,000 |
| 2020-09 | Brightbridge, Inc. | Lon*****LLC | Seymour, TN | $122,400 |
| 2019-11 | First Savings Bank | J&N*****LLC | CLARKSVILLE, TN | $150,000 |
| 2019-10 | First Horizon Bank | Eng*****LLC | Chattanooga, TN | $5,000,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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