What is the SBA loan default rate for General Automotive Repair?

At 13.8%, General Automotive Repair sits below the 15.4% all industry SBA default rate (charged off as a share of resolved loans), moderate default risk relative to other SBA industries. The rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 2052 lenders actively fund this industry.

Which SBA program is best for General Automotive Repair?

The SBA 7(a) program is the most commonly used for General Automotive Repair businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 811111Other ServicesLending Growing

How Much Can General Automotive Repair Businesses Get in SBA Loans?

Name: General Automotive Repair SBA Loan Performance Data (NAICS 811111)
Creator: PeerSense
License: https://peersense.com/terms-and-conditions

34,967 SBA loans totaling $9.0B have been approved for general automotive repair businesses (NAICS 811111). The average approved SBA loan is $257K, which is 25% below avg the $340K national average. 2052 active lenders fund this industry with a 13.8% default rate on the matured 2018-2021 loan cohort.

Moderate default risk13.8% vs 15.4% all industry avg

At 13.8%, General Automotive Repair sits below the 15.4% all industry SBA default rate (charged off as a share of resolved loans), moderate default risk relative to other SBA industries. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 811111 (General Automotive Repair) received 34,967 SBA loans worth $9.0B across 5+ states. Average loan $257K, average term 153 months, 13.8% default rate (resolved loan basis).2052 active SBA approved lenders fund this industry. Most general automotive repair loans use the SBA 7(a) program. There are approximately 84,101 U.S. establishments in this industry (Census 2022).

34,967

Total SBA Loans

$9.0B

Total Volume

$257K

Avg Loan Size

25% below avg

2,052

Active Lenders

153 mo

Avg Term

18% above avg

157,611

Jobs Supported

Is SBA Lending Growing for General Automotive Repair?+52% growth

1,041

1,110

1,002

911

784

1,022

948

927

1,111

1,407

$294.5M

$338.3M

$348.2M

$321.8M

$350.4M

$584.5M

$479.9M

$445.0M

$507.2M

$682.5M

Which SBA Program Do General Automotive Repair Businesses Use Most?

SBA 7(a)30,584 (87%)

SBA 5044,383 (13%)

What Is the Best SBA Loan for General Automotive Repair?

SBA 7(a)

The most widely used SBA program for general automotive repair businesses: flexible terms, multiple use cases

Industry avg loan: $257K

Typical term: 153 months

Historical avg rate: 7.35%

2052+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 13.8%

Where Are General Automotive Repair SBA Loans Most Common?

4,934 loans

$1.8B

2,725 loans

$921.5M

1,914 loans

$329.2M

1,626 loans

$499.9M

1,525 loans

$201.5M

SBA Lending Activity in General Automotive Repair

2,052 SBA lenders have funded 34,967 loans to general automotive repair businesses (NAICS 811111). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded

34,967

Active lenders

2,052

Total volume

$9.0B

Avg loan size

$257K

Browse all SBA lenders

General Automotive Repair Industry Context

U.S. Establishments

84,101

U.S. Census Bureau · 2022

U.S. Employment

6,039,000

BLS · 2026

SBA Penetration

41.58%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for general automotive repair businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a General Automotive Repair business.

Tell us your loan amount and use of funds. PeerSense sources capital. It is not the lender.

SBA 7(a) / 504: The desk will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

By checking this box and submitting my information, I electronically sign and agree that PeerSense, Inc. and its affiliates, funding partners, and franchise partners may contact me at the email address and phone number I provided, including by phone call, SMS/text message (including autodialed, prerecorded, or artificial voice messages), and email, for marketing, franchise research, and funding related purposes, even if that number is on any Do Not Call list. Message and data rates may apply. Consent is not a condition of purchase. I may opt out at any time by replying STOP to texts or emailing info@peersense.com. I have read and agree to the Privacy Policy and Terms of Service.

Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for General Automotive Repair Businesses?

Across all SBA loan programs, 34,967 loans have been approved for businesses classified under NAICS 811111 (General Automotive Repair), representing $9.0B in total capital deployed. The average approved loan of $257K is 25% below avg the national SBA average of $340K, with typical repayment terms of 153 months.

SBA lending for general automotive repair is accelerating. Loan volume has grown approximately 52% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.

The industry sees a balanced mix of SBA programs, with 13% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.

Talk to PeerSense about a general automotive repair file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

SBA Loan Guide SBA Calculator SBA Lender Directory Industry Data Hub Current SBA Rates Contact Us

Frequently Asked Questions: General Automotive Repair SBA Loans

What is the average SBA loan size for general automotive repair businesses?

Based on 34,967 approved SBA loans, the average loan size for general automotive repair (NAICS 811111) is $257K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a general automotive repair business?

SBA 7(a) is the most commonly used SBA program for general automotive repair businesses. The most widely used SBA program for general automotive repair businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for general automotive repair?

2052 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a general automotive repair file.

What states have the most SBA lending for general automotive repair?

CA leads with 4,934 SBA loans and $1.8B in total volume for general automotive repair businesses. TX, NY, FL also show strong lending activity in this sector.

How does PeerSense help general automotive repair businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a general automotive repair file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Other Services Industries

Beauty Salons

25,737 loans · N/A

Avg: $141K

Drycleaning and Laundry Services (except Coin-Operated)

14,554 loans · N/A

Avg: $251K

Automotive Body, Paint, and Interior Repair and Maintenance

Car Washes

All Other Personal Services

12,450 loans · N/A

Avg: $238K

Other Personal Care Services

11,061 loans · N/A

Avg: $255K

Data aggregated from SBA loan records (1992 to 2025). General Automotive Repair defined by NAICS code 811111. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.