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NAICS 532284 · Real Estate
SBA loans for recreational goods rental
434 SBA loans worth $133.8M have been approved in this industry since FY2010 - the #362 most-financed NAICS code in the country.
Median loan
$110,500
-39% vs all industries
Typical range
$18K-$796K
Middle 80%
Median rate
8.75%
7(a) initial note rate
Median term
10 yr
Charge-off rate
3.0%
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 | Share |
|---|---|---|---|
| U.S. Bank | 13 | $5.9M | |
| Florida Business Development Corporation | 3 | $5.2M | |
| Newtek Bank | 22 | $4.3M | |
| Community Banks of Colorado, A Division of NBH Bank | 2 | $4.2M | |
| VelocitySBA, LLC | 4 | $4.2M | |
| St. Louis Bank | 2 | $4.2M | |
| California Statewide Certified Development Corporation | 2 | $3.8M | |
| Empire State Certified Development Corporation | 2 | $3.4M | |
| The Huntington National Bank | 30 | $3.3M | |
| Mountain West Small Business Finance | 4 | $3.2M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Florida | 60 | |
| Ohio | 30 | |
| California | 27 | |
| Texas | 26 | |
| Washington | 26 | |
| Utah | 21 | |
| Minnesota | 21 | |
| Michigan | 15 |
An SBA 7(a) lender for loans this size
74% of the SBA loans approved in recreational goods rental since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K27%
- $50K - $150K29%
- $150K - $350K19%
- $350K - $1M19%
- $1M - $2M4%
- Over $2M3%
Franchise brands in Recreational Goods Rental
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Freedom Boat Club | 2 | $2.6M | |
| Velofix | 1 | $62K |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other real estate industries
Common questions
- How much do SBA lenders typically lend to a recreational goods rental business?
- The median SBA approval in NAICS 532284 is $110,500, with the middle 80% of loans between $17,500 and $796,000. Across all industries the median is $180,000.
- Which lenders are most active in recreational goods rental?
- By dollars approved: U.S. Bank, Florida Business Development Corporation, Newtek Bank, Community Banks of Colorado, A Division of NBH Bank, VelocitySBA, LLC. 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 recreational goods rental considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.0% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.
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