Industries › Transportation and Warehousing › Couriers and Messengers
NAICS 492Subsector0.4% of all approvals
SBA loans for couriers and messengers
7(a) and 504 approvals to businesses SBA classifies under NAICS 492, with the lenders and states behind them.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 1,279 loans to businesses in couriers and messengers (NAICS 492) in FY2021 to FY2025, worth $638M: 1,260 under 7(a) and 19 under 504.
That is 0.4% of all approvals. Set against the 16,226 establishments the Census Bureau counts in the industry, it comes to 78.8 approvals per 1,000 establishments; across all industries the figure is 41.0.
In FY2025 there were 302 approvals, up 8% on FY2024. The median 7(a) approval was $250K, against $190K for all industries, and 8.3% of approvals went to franchise businesses.
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 7.8% as charged off, above the 6.6% for all industries.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Volume by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 153 | $108M | $300K | 3 | $1.7M | 156 | 2,508 |
| FY2025 | 300 | $154M | $250K | 2 | — | 302 | 4,881 |
| FY2024 | 278 | $121M | $186K | 2 | — | 280 | 4,101 |
| FY2023 | 239 | $109M | $250K | 5 | $2.8M | 244 | 3,439 |
| FY2022 | 203 | $95.7M | $210K | 5 | $5.4M | 208 | 3,459 |
| FY2021 | 240 | $137M | $413K | 5 | $4.3M | 245 | 3,799 |
| FY2020 | 216 | $103M | $300K | 3 | $1.7M | 219 | 3,247 |
| FY2019 | 197 | $68.9M | $208K | 2 | — | 199 | 1,956 |
| FY2018 | 222 | $75.9M | $150K | 4 | $3.1M | 226 | 2,249 |
| FY2017 | 162 | $42.7M | $150K | 4 | $1.2M | 166 | 1,382 |
| FY2016 | 166 | $35.2M | $118K | 0 | — | 166 | 1,368 |
SBA records the NAICS code in force when a loan was approved. The 2022 NAICS revision renumbered parts of retail trade and information, so some lines of business appear under one code before FY2023 and another after. FY2016–FY2020 approvals under this code: 976.
Within this subsector
| NAICS | Industry group | Approvals, FY2021–FY2025 | Share |
|---|---|---|---|
| 4921 | Couriers and Express Delivery Services | 950 | 74.3% |
| 4922 | Local Messengers and Local Delivery | 329 | 25.7% |
Lenders most active in this industry
By number of approvals, FY2021–FY2025; 236 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 89 | $21.3M | 7.0% | |
| 2 | TD Bank, National AssociationWilmington, DE | 87 | $9.4M | 6.8% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 76 | $23.3M | 5.9% | |
| 4 | Wells Fargo Bank National AssociationSioux Falls, SD | 62 | $3.6M | 4.8% | |
| 5 | Northeast BankLewiston, ME | 48 | $7.4M | 3.8% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 47 | $39.7M | 3.7% | |
| 7 | Byline BankChicago, IL | 39 | $44.0M | 3.0% | |
| 8 | Falcon National BankFoley, MN | 38 | $27.8M | 3.0% | |
| 9 | JPMorgan Chase Bank, National AssociationColumbus, OH | 38 | $9.7M | 3.0% | |
| 10 | Manufacturers and Traders Trust CompanyBuffalo, NY | 38 | $3.8M | 3.0% | |
| 11 | BankVistaSartell, MN | 33 | $21.9M | 2.6% | |
| 12 | Celtic Bank CorporationSalt Lake City, UT | 32 | $20.4M | 2.5% | |
| 13 | GBankLas Vegas, NV | 24 | $27.0M | 1.9% | |
| 14 | Bank of America, National AssociationCharlotte, NC | 23 | $7.5M | 1.8% | |
| 15 | KeyBank National AssociationCleveland, OH | 23 | $6.7M | 1.8% | |
| 16 | Lendistry SBLC, LLCLos Angeles, CA | 22 | $8.1M | 1.7% | |
| 17 | Newtek Bank, National AssociationMiami, FL | 17 | $6.7M | 1.3% | |
| 18 | Newtek Small Business Finance, Inc.Lake Success, NY | 15 | $11.4M | 1.2% | |
| 19 | Centerstone SBA Lending, Inc.Los Angeles, CA | 14 | $6.4M | 1.1% | |
| 20 | BayFirst National BankSaint Petersburg, FL | 14 | $4.3M | 1.1% |
States
| # | State of the business | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 123 | $68.2M | 9.6% | |
| 2 | Florida | 113 | $60.4M | 8.8% | |
| 3 | New York | 86 | $25.2M | 6.7% | |
| 4 | Texas | 71 | $41.1M | 5.6% | |
| 5 | Minnesota | 65 | $40.5M | 5.1% | |
| 6 | Georgia | 64 | $35.0M | 5.0% | |
| 7 | Illinois | 60 | $23.1M | 4.7% | |
| 8 | Ohio | 59 | $15.0M | 4.6% | |
| 9 | Pennsylvania | 58 | $28.5M | 4.5% | |
| 10 | New Jersey | 53 | $20.6M | 4.1% | |
| 11 | Washington | 41 | $25.2M | 3.2% | |
| 12 | Maryland | 37 | $19.2M | 2.9% | |
| 13 | Virginia | 35 | $27.5M | 2.7% | |
| 14 | Arizona | 34 | $27.2M | 2.7% | |
| 15 | Michigan | 34 | $18.9M | 2.7% |
Franchise brands
8.3% of approvals carried a franchise code.
| # | Brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The UPS Store | 90 | 7.0% | |
| 2 | PostalAnnex+ | 4 | 0.3% | |
| 3 | World Options | 3 | 0.2% | |
| 4 | Flowers Baking Co. of Villa Rica | 1 | 0.1% | |
| 5 | Two Men and a Truck | 1 | 0.1% | |
| 6 | Rent-A-Wreck | 1 | 0.1% | |
| 7 | Papa Gino's Pizzeria | 1 | 0.1% | |
| 8 | Midas | 1 | 0.1% | |
| 9 | PostNet | 1 | 0.1% | |
| 10 | InXpress | 1 | 0.1% |
Approval sizes
- $50,000 or less25.6%327
- $50,001 to $150,00017.5%224
- $150,001 to $350,00015.0%192
- $350,001 to $1 million25.2%322
- $1 million to $2 million14.1%180
- Over $2 million2.7%34
Age of the businesses
- Existing, more than 2 years old40.5%518
- New business, 2 years or less29.4%376
- Startup, loan funds will open the business9.4%120
- Change of ownership20.6%264
- Not answered0.1%1
Charge-offs against all industries
| Loans approved FY2010–FY2021 | This industry, 7(a) | All 7(a) | This industry, 504 | All 504 |
|---|---|---|---|---|
| Approvals in these years | 1,787 | 639,905 | 37 | 85,591 |
| Cancelled or never disbursed | 204 | 79,313 | 8 | 12,514 |
| Disbursed loans | 1,583 | 560,592 | 29 | 73,077 |
| Paid in full | 1,190 | 435,813 | 17 | 35,491 |
| Charged off | 123 | 36,891 | 0 | 905 |
| Still outstanding (status exempt from disclosure) | 270 | 87,888 | 12 | 36,681 |
| Charged off, share of disbursed loans | 7.8% | 6.6% | too few loans | 1.2% |
| Dollars charged off, share of disbursed dollars | 3.5% | 2.5% | too few loans | 0.9% |
| Dollars charged off | $17.5M | $5.70bn | — | $499M |
Against all industries
| FY2021–FY2025 | NAICS 492 | All industries |
|---|---|---|
| Median 7(a) approval | $250K | $190K |
| Median 504 approval | $670K | $657K |
| Average approval | $499K | $573K |
| Approvals per 1,000 establishments | 78.8 | 41.0 |
| Approvals to franchise businesses | 8.3% | 11.2% |
| Jobs supported per approval, as reported | 15.4 | 10.5 |
Questions and answers
Which lenders make the most SBA loans for couriers and messengers?
By approvals in FY2021 to FY2025: The Huntington National Bank (89), TD Bank, National Association (87), U.S. Bank, National Association (76), Wells Fargo Bank National Association (62), Northeast Bank (48). 236 lenders had at least one.
How large are typical SBA loans for couriers and messengers?
The median 7(a) approval was $250K and the median 504 approval $670K; the average across both programs was $499K.
What share of SBA loans for couriers and messengers are charged off?
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 7.8% are recorded as charged off, against 6.6% for all industries.
Which states have the most SBA loans for couriers and messengers?
California (123), Florida (113), New York (86), Texas (71), Minnesota (65).
Is SBA lending for couriers and messengers rising?
Approvals in the three latest complete fiscal years total 826, against 672 in the three before: rising (+23%).
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error