How Much Can Automobile Driving Schools Businesses Get in SBA Loans?
506 SBA loans totaling $76.7M have been approved for automobile driving schools businesses (NAICS 611692). The average approved SBA loan is $152K, which is 55% below avg the $340K national average. 151 active lenders fund this industry with a 21.1% default rate on the matured 2018-2021 loan cohort.
At 21.1%, Automobile Driving Schools sits well above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — elevated default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 611692 (Automobile Driving Schools) received 506 SBA loans worth $76.7M across 5+ states. Average loan $152K, average term 102 months, 21.1% default rate (resolved-loan basis).151 active SBA-approved lenders fund this industry. Most automobile driving schools loans use the SBA 7(a) program. There are approximately 2,585 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Automobile Driving Schools?+173% growth
Which SBA Program Do Automobile Driving Schools Businesses Use Most?
What Is the Best SBA Loan for Automobile Driving Schools?
The most widely used SBA program for automobile driving schools businesses — flexible terms, multiple use cases
Where Are Automobile Driving Schools SBA Loans Most Common?
Top SBA Lenders for Automobile Driving Schools
These banks have funded the most SBA loans for automobile driving schools businesses (NAICS 611692). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association(OH) | 31 | $3.6M |
| 2 | The Huntington National Bank(OH) | 28 | $2.7M |
| 3 | Bank of America, National Association(NC) | 25 | $745K |
| 4 | Wells Fargo Bank National Association(SD) | 25 | $5.3M |
| 5 | U.S. Bank, National Association(OH) | 22 | $6.3M |
Automobile Driving Schools Industry Context
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How Does SBA Lending Work for Automobile Driving Schools Businesses?
Across all SBA loan programs, 506 loans have been approved for businesses classified under NAICS 611692 (Automobile Driving Schools), representing $76.7M in total capital deployed. The average approved loan of $152K is 55% below avg the national SBA average of $340K, with typical repayment terms of 102 months.
SBA lending for automobile driving schools is accelerating — loan volume has grown approximately 173% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2024.
The overwhelming majority of SBA lending for automobile driving schools uses the 7(a) program, which provides the most flexibility — covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.
PeerSense specializes in matching automobile driving schools business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Automobile Driving Schools SBA Loans
What is the average SBA loan size for automobile driving schools businesses?
Which SBA loan program is best for a automobile driving schools business?
How many lenders fund SBA loans for automobile driving schools?
What states have the most SBA lending for automobile driving schools?
How does PeerSense help automobile driving schools businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Automobile Driving Schools defined by NAICS code 611692. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.