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NAICS 44111044

SBA Loans for New Car Dealers

New Car Dealers are one of the most-funded SBA 7(a) industries. Explore which lenders are actually approving new car dealers loans, what loan sizes they fund, and where activity is concentrated.

Find lenders funding new car dealers
Total loans
3,672
all programs
Approved $
$2.9B
last 5 years
Avg loan
$780K
median $145K
Most active lender
Wells Fargo Bank National Association
193 loans
Jobs supported
312K
cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS
11.4%
7.7%
15.1%
18.3%
22.6%
14.9%
10.1%
<$50K
$50–100K
$100–250K
$250–500K
$500K–1M
$1–2M
$2M+
Most common range
$100K – $250K
34% of loans
Median
$145,000
90th percentile
$612,000
NEW CAR DEALERS-FRIENDLY LENDERS

The 5 lenders that approved 41% of new car dealers SBA loans last year.

Submit your new car dealers profile and we'll prioritize lenders that have already funded similar concept, size, and geography.

Get matched
~ 2 MIN · NO COMMITMENT

Top lenders for new car dealers

Wells Fargo Bank National Association
193
Bank of America, National Association
120
JPMorgan Chase Bank, National Association
85
PNC Bank, National Association
75
Empire State Certified Development Corporation
72
Live Oak Banking Company
67

Top states for new car dealers loans

CA
373
TX
264
NY
217
WI
160
IL
152
PA
148
Loan records · New Car Dealers
Showing largest 500 of 3,672 records
Sort:
Davidson of Clay, Inc,
Liverpool, NY · 13090
$5,500,000
504
Empire State Certified Development Corporation$79K/job · 2015-06-11
Coleman Automotive Le Mars, LLC
Le Mars, IA · 51031
$5,386,000
504
Dakota Business Finance$414K/job · 2025-11-28
Gallery Ford of Pekin
Pekin, IL · 61554
$5,000,000
7(a)
Live Oak Banking Company$109K/job · 2021-09-01
Lahham Automotive, Inc.
Stockton, CA · 95212
$5,000,000
7(a)
Live Oak Banking Company$179K/job · 2021-05-19
McKie Ford Lincoln
Rapid City, SD · 57701
$5,000,000
504
Ally Dakota Development, Inc.$625K/job · 2015-08-17
Banister Chrysler Dodge Jeep Ram of Hampton
Hampton, VA · 23666
$5,000,000
7(a)
Live Oak Banking Company$36K/job · 2023-12-23
Jerry Ackerman Motor Company, Inc.
Saint Louis, MO · 63139
$5,000,000
504
Small Business Growth Corporation$500K/job · 2021-01-15
Audi Hoffman Estates
Hoffman Estates, IL · 60169
$5,000,000
504
SomerCor 504, Inc.$42K/job · 2011-09-24
Burkholder Automotive Group LLC
Clovis, NM · 88101
$5,000,000
7(a)
Live Oak Banking Company$29K/job · 2023-07-31
Hobbs Autoplex Realty LLC
Laurel, MS · 39440
$5,000,000
504
Central Mississippi Development Company, Inc.2024-05-22
D&#39;Orazio Ford, Inc.
Braidwood, IL · 60408
$5,000,000
504
Small Business Growth Corporation$500K/job · 2025-11-23
Nissan of Galesburg, LLC
Galesburg, IL · 61401
$5,000,000
7(a)
Live Oak Banking Company$152K/job · 2023-06-06
WOODY FOLSOM AUTOMOTIVE, INC
Baxley, GA · 31513
$5,000,000
7(a)
Pineland Bank$63K/job · 2015-11-04
Sud Properties, LLC
Bloomington, IL · 61704
$5,000,000
7(a)
First Oklahoma Bank$125K/job · 2013-03-05
Ewald Snead Ford, Inc.
Waynesboro, VA · 22980
$5,000,000
7(a)
Live Oak Banking Company$125K/job · 2021-09-14
Otto Chrysler Dodge Jeep Ram
Greenwich, NY · 12834
$5,000,000
7(a)
Live Oak Banking Company$71K/job · 2023-08-21
WOOD MOTOR NISSAN LEE'S SUMMIT LLC
Lees Summit, MO · 64081
$5,000,000
7(a)
Live Oak Banking Company$100K/job · 2021-08-06
Wisch Leasing Group, LP and Wisch Imports, LLC, d/b/a Volkswagen of The Woodland
The Woodlands, TX · 77385
$5,000,000
7(a)
The Huntington National Bank$143K/job · 2012-03-16
Burkholder Automotive Group 1 LLC
Clovis, NM · 88101
$5,000,000
7(a)
Live Oak Banking Company$55K/job · 2023-08-21
Vanguard Buick GMC of Carrollton
Carrollton, TX · 75007
$5,000,000
7(a)
Live Oak Banking Company$2.5M/job · 2020-07-29
Brewster Subaru Holdings Corporation
Brewster, NY · 10509
$5,000,000
504
Empire State Certified Development Corporation$125K/job · 2022-01-18
Sheridan Motor, Inc.
Sheridan, WY · 82801
$5,000,000
504
Wyoming Capital Access$333K/job · 2021-12-07
JOSHUA TREE CHRYSLER DODGE JEEP RAM
Yucca Valley, CA · 92284
$5,000,000
7(a)
Live Oak Banking Company$128K/job · 2022-10-26
Better Way Ford, LLC
Yarmouth, ME
$5,000,000
7(a)
Androscoggin Savings Bank$167K/job · 2016-01-27
Redding Subaru
Redding, CA · 96002
$5,000,000
7(a)
Live Oak Banking Company$500K/job · 2022-11-29
125 of 500 (largest 500 of 3,672)
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