General
Automotive Repair
Small Business Owner Resource
SBA 7(a) lending intel on SBAmatch is designed to help Small Business Owners avoid the mistake of applying with the wrong lender. Every lender is different, and matching to the right one with the highest probability of approving an SBA loan will save countless headaches.
Below is the most recent lending data for the General Automotive Repair industry.
2021 Loans:
Lenders: 259
Approvals: 821
Amounts: $470M
Average: $572,451
2022 Loans:
Lenders: 249
Approvals: 815
Amounts: $393M
Average: $482,421
All-Time Loans:
Lenders: 2,044
Approvals: 28,086
Amounts: $6.1B
Average: $218,835
General Automotive Repair Industry Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
General Automotive Repair Industry Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
60%
of all SBA Lenders of all time have never approved an SBA loan over $1 Million.
We can find the right one for you; for free. LEARN MORE.
Byline Bank Is A Top-Ranked Lender For General Automotive Repair
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Resources:
NAICS INDUSTRY
Our SBA 7a lending information is based on General Automotive Repair NACIS code 811111.
The NAICS website describes this industry as:
This U.S. industry comprises establishments primarily engaged in providing (1) a wide range of mechanical and electrical repair and maintenance services for automotive vehicles, such as passenger cars, trucks, and vans, and all trailers or (2) engine repair and replacement.
Illustrative Examples:
Automobile repair garages (except gasoline service stations)
General automotive repair shops
Automotive engine repair and replacement shops