How much do SBA lenders typically lend to a sporting goods stores business?

The median SBA approval in NAICS 451110 is $121,000, with the middle 80% of loans between $20,000 and $766,000. Across all industries the median is $180,000.

Which lenders are most active in sporting goods stores?

By dollars approved: Wells Fargo Bank, U.S. Bank, The Huntington National Bank, Live Oak Banking Company, JPMorgan Chase Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is sporting goods stores considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 10.4% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

NAICS 451110 · Retail

SBA loans for sporting goods stores

3,679 SBA loans worth $1.16B have been approved in this industry since FY2010 - the #63 most-financed NAICS code in the country.

Median loan

$121,000

-33% vs all industries

Typical range

$20K-$766K

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

8.1 yr

Charge-off rate

10.4%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
Wells Fargo Bank	262	$77.0M
U.S. Bank	180	$49.1M
The Huntington National Bank	256	$36.3M
Live Oak Banking Company	13	$24.7M
JPMorgan Chase Bank	150	$22.9M
Truist Bank	64	$19.5M
Mortgage Capital Development Corporation	8	$18.8M
Celtic Bank Corporation	41	$18.1M
BMO Bank	18	$15.7M
Newtek Small Business Finance, Inc.	24	$15.7M

Geography

Where these loans were made

State	Loans	Share
California	308
Ohio	213
Texas	200
New York	178
Florida	166
Minnesota	164
Colorado	158
Michigan	135

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
26%
$50K - $150K
28%
$150K - $350K
22%
$350K - $1M
16%
$1M - $2M
5%
Over $2M
3%

Nearby

Other retail industries

See the sector

All Other Miscellaneous Store Retailers4,300 · $107,450 Gasoline Stations with Convenience Stores2,813 · $1,292,200 Electronic Shopping and Mail-Order Houses2,417 · $100,000 Clothing and Clothing Accessories Retailers2,378 · $135,000 Other Direct Selling Establishments2,300 · $150,000 Electronic Shopping2,110 · $50,000 All Other Miscellaneous Retailers1,536 · $150,000 Gift, Novelty, and Souvenir Stores1,534 · $75,000

Common questions

How much do SBA lenders typically lend to a sporting goods stores business?: The median SBA approval in NAICS 451110 is $121,000, with the middle 80% of loans between $20,000 and $766,000. Across all industries the median is $180,000.
Which lenders are most active in sporting goods stores?: By dollars approved: Wells Fargo Bank, U.S. Bank, The Huntington National Bank, Live Oak Banking Company, JPMorgan Chase Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is sporting goods stores considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 10.4% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

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