SHANE PIERSON · SBA DATA
SBA by Industry · Used Car Dealers

SBA Loans for Used Car Dealers

SBA has approved 5,976 7(a) loans worth $1.7B to Used Car Dealers businesses, and annual approvals have fallen 13% versus the prior decade.

5,976
7(a) loans
$1.7B
Approved dollars
$284,748
Average loan size
#53
Rank among industries
-13%
Annualized vs prior decade
15.7%
Active-loan distress

Used Car Dealers is the #53 most-funded business type in the SBA 7(a) record. Since 1991 the program has approved 5,976 such loans worth $1.7B, averaging $284,748 each. Annual approval volume has fallen 13% between the FY2013-2019 period and FY2020-2026. 15.7% of the active book is delinquent, past due, or in liquidation.

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7(a) loans only, approved and not cancelled, gross basis, classified by borrower NAICS. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.