How Much Can General Freight Trucking, Long-Distance, Less Than Truckload Businesses Get in SBA Loans?
1,316 SBA loans totaling $289.1M have been approved for general freight trucking, long-distance, less than truckload businesses (NAICS 484122). The average approved SBA loan is $220K, which is 35% below avg the $340K national average. 222 active lenders fund this industry with a 20.5% default rate on the matured 2018-2021 loan cohort.
At 20.5%, General Freight Trucking, Long-Distance, Less Than Truckload 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 484122 (General Freight Trucking, Long-Distance, Less Than Truckload) received 1,316 SBA loans worth $289.1M across 5+ states. Average loan $220K, average term 99 months, 20.5% default rate (resolved-loan basis).222 active SBA-approved lenders fund this industry. Most general freight trucking, long-distance, less than truckload loans use the SBA 7(a) program. There are approximately 11,197 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for General Freight Trucking, Long-Distance, Less Than Truckload?
Which SBA Program Do General Freight Trucking, Long-Distance, Less Than Truckload Businesses Use Most?
What Is the Best SBA Loan for General Freight Trucking, Long-Distance, Less Than Truckload?
The most widely used SBA program for general freight trucking, long-distance, less than truckload businesses — flexible terms, multiple use cases
Where Are General Freight Trucking, Long-Distance, Less Than Truckload SBA Loans Most Common?
Top SBA Lenders for General Freight Trucking, Long-Distance, Less Than Truckload
These banks have funded the most SBA loans for general freight trucking, long-distance, less than truckload businesses (NAICS 484122). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 256 | $22.4M |
| 2 | The Huntington National Bank(OH) | 193 | $17.9M |
| 3 | Citizens Bank, National Association(RI) | 53 | $1.9M |
| 4 | Bank of America, National Association(NC) | 51 | $4.0M |
| 5 | U.S. Bank, National Association(OH) | 50 | $5.6M |
General Freight Trucking, Long-Distance, Less Than Truckload Industry Context
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How Does SBA Lending Work for General Freight Trucking, Long-Distance, Less Than Truckload Businesses?
Across all SBA loan programs, 1,316 loans have been approved for businesses classified under NAICS 484122 (General Freight Trucking, Long-Distance, Less Than Truckload), representing $289.1M in total capital deployed. The average approved loan of $220K is 35% below avg the national SBA average of $340K, with typical repayment terms of 99 months.
SBA lending for general freight trucking, long-distance, less than truckload has remained relatively stable across recent fiscal years. 222 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
The overwhelming majority of SBA lending for general freight trucking, long-distance, less than 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, less than 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. No retainers.
Frequently Asked Questions — General Freight Trucking, Long-Distance, Less Than Truckload SBA Loans
What is the average SBA loan size for general freight trucking, long-distance, less than truckload businesses?
Which SBA loan program is best for a general freight trucking, long-distance, less than truckload business?
How many lenders fund SBA loans for general freight trucking, long-distance, less than truckload?
What states have the most SBA lending for general freight trucking, long-distance, less than truckload?
How does PeerSense help general freight trucking, long-distance, less than truckload businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). General Freight Trucking, Long-Distance, Less Than Truckload defined by NAICS code 484122. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.