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NAICS 484121Transportation & Warehousing

How Much Can General Freight Trucking, Long Distance, Truckload Businesses Get in SBA Loans?

20,038 SBA loans totaling $3.6B have been approved for general freight trucking, long distance, truckload businesses (NAICS 484121). The average approved SBA loan is $182K, which is 47% below avg the $340K national average. 973 active lenders fund this industry with a 15.2% default rate on the matured 2018-2021 loan cohort.

Moderate default risk15.2% vs 15.4% all-industry avg

At 15.2%, General Freight Trucking, Long Distance, Truckload 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.

Quick Answer

NAICS 484121 (General Freight Trucking, Long Distance, Truckload) received 20,038 SBA loans worth $3.6B across 5+ states. Average loan $182K, average term 91 months, 15.2% default rate (resolved-loan basis).973 active SBA-approved lenders fund this industry. Most general freight trucking, long distance, truckload loans use the SBA 7(a) program.

20,038
Total SBA Loans
$3.6B
Total Volume
$182K
Avg Loan Size
47% below avg
973
Active Lenders
91 mo
Avg Term
30% below avg
104,310
Jobs Supported

Is SBA Lending Growing for General Freight Trucking, Long Distance, Truckload?-19% decline

1,140
1,106
1,398
1,127
848
1,105
1,352
1,251
1,173
1,017
16
17
18
19
20
21
22
23
24
25
$154.9M
$170.5M
$227.3M
$250.5M
$179.4M
$340.7M
$310.1M
$343.3M
$240.4M
$251.0M

Which SBA Program Do General Freight Trucking, Long Distance, Truckload Businesses Use Most?

SBA 7(a)19,357 (97%)
SBA 504681 (3%)

What Is the Best SBA Loan for General Freight Trucking, Long Distance, Truckload?

SBA 7(a)

The most widely used SBA program for general freight trucking, long distance, truckload businesses: flexible terms, multiple use cases

Industry avg loan: $182K
Typical term: 91 months
Historical avg rate: 7.36%
973+ lenders active in this industry
Default rate (2018–21 matured cohort): 15.2%

Where Are General Freight Trucking, Long Distance, Truckload SBA Loans Most Common?

#1
OH
3,527 loans
$345.1M
#2
MI
3,152 loans
$290.7M
#3
IL
1,785 loans
$493.4M
#4
CA
1,634 loans
$713.0M
#5
IN
1,117 loans
$114.3M

SBA Lending Activity in General Freight Trucking, Long Distance, Truckload

973 SBA lenders have funded 20,038 loans to general freight trucking, long distance, truckload businesses (NAICS 484121). 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
20,038
Active lenders
973
Total volume
$3.6B
Avg loan size
$182K

General Freight Trucking, Long Distance, Truckload Industry Context

U.S. Employment
28,615,000
BLS · 2026

Ready to Fund Your General Freight Trucking, Long Distance, Truckload Business?

PeerSense places SBA loans for general freight trucking, long distance, truckload businesses nationwide. We match you with the right capital source. Referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a General Freight Trucking, Long Distance, Truckload 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 big is your deal?
Where are you in the deal?
Equity or down payment ready
Credit score
Timeline to close

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

How Does SBA Lending Work for General Freight Trucking, Long Distance, Truckload Businesses?

Across all SBA loan programs, 20,038 loans have been approved for businesses classified under NAICS 484121 (General Freight Trucking, Long Distance, Truckload), representing $3.6B in total capital deployed. The average approved loan of $182K is 47% below avg the national SBA average of $340K, with typical repayment terms of 91 months.

SBA lending for general freight trucking, long distance, truckload has contracted approximately 19% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 973 lenders remain active, maintaining competitive options for qualified borrowers.

The overwhelming majority of SBA lending for general freight trucking, long distance, truckload 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 general freight trucking, long distance, truckload 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 Freight Trucking, Long Distance, Truckload SBA Loans

What is the average SBA loan size for general freight trucking, long distance, truckload businesses?
Based on 20,038 approved SBA loans, the average loan size for general freight trucking, long distance, truckload (NAICS 484121) is $182K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a general freight trucking, long distance, truckload business?
SBA 7(a) is the most commonly used SBA program for general freight trucking, long distance, truckload businesses. The most widely used SBA program for general freight trucking, long distance, truckload 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 freight trucking, long distance, truckload?
973 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. PeerSense matches your deal with lenders who have experience and appetite in the general freight trucking, long distance, truckload sector.
What states have the most SBA lending for general freight trucking, long distance, truckload?
OH leads with 3,527 SBA loans and $345.1M in total volume for general freight trucking, long distance, truckload businesses. MI, IL, CA also show strong lending activity in this sector.
How does PeerSense help general freight trucking, long distance, truckload businesses get SBA loans?
PeerSense is a capital advisory firm, not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the general freight trucking, long distance, truckload industry. Our referral fee is established upfront in our agreement and paid at closing.

Data aggregated from SBA loan records (1992–2025). General Freight Trucking, Long Distance, Truckload defined by NAICS code 484121. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.