How Much Can General Automotive Repair Businesses Get in SBA Loans?
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.
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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
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).
Is SBA Lending Growing for General Automotive Repair?+52% growth
Which SBA Program Do General Automotive Repair Businesses Use Most?
What Is the Best SBA Loan for General Automotive Repair?
The most widely used SBA program for general automotive repair businesses: flexible terms, multiple use cases
Where Are General Automotive Repair SBA Loans Most Common?
Top SBA Lenders for General Automotive Repair
These banks have funded the most SBA loans for general automotive repair businesses (NAICS 811111). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 2,071 | $530.6M |
| 2 | Bank of America, National Association(NC) | 1,772 | $135.6M |
| 3 | Citizens Bank, National Association(RI) | 1,716 | $70.6M |
| 4 | U.S. Bank, National Association(OH) | 1,508 | $433.7M |
| 5 | The Huntington National Bank(OH) | 1,157 | $210.5M |
General Automotive Repair Industry Context
Ready to Fund Your General Automotive Repair Business?
PeerSense places SBA loans for general automotive repair businesses nationwide. We match you with the right capital source. Referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Financing a General Automotive Repair business? Get matched to an SBA lender.
Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.
SBA 7(a) / 504: Response within 24–48 hours. No obligation.
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.
PeerSense specializes in matching general automotive repair 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.
Frequently Asked Questions: General Automotive Repair SBA Loans
What is the average SBA loan size for general automotive repair businesses?
Which SBA loan program is best for a general automotive repair business?
How many lenders fund SBA loans for general automotive repair?
What states have the most SBA lending for general automotive repair?
How does PeerSense help general automotive repair businesses get SBA loans?
Related Other Services Industries
Beauty Salons
Drycleaning and Laundry Services (except Coin-Operated)
Automotive Body, Paint, and Interior Repair and Maintenance
Car Washes
All Other Personal Services
Other Personal Care Services
Data aggregated from SBA loan records (1992–2025). General Automotive Repair defined by NAICS code 811111. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.