NAICS 532292 · Real Estate
SBA loans for recreational goods rental
270 SBA loans worth $45.4M have been approved in this industry since FY2010 - the #472 most-financed NAICS code in the country.
Median loan
$68,600
-62% vs all industries
Typical range
$12K-$360K
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
7 yr
Charge-off rate
3.1%
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 |
|---|---|---|---|
| Byline Bank | 4 | $6.7M | |
| Enterprise Bank & Trust | 4 | $3.5M | |
| JPMorgan Chase Bank | 17 | $3.0M | |
| Chelsea State Bank | 1 | $1.8M | |
| Celtic Bank Corporation | 8 | $1.6M | |
| Wells Fargo Bank | 21 | $1.5M | |
| MidFirst Bank | 1 | $1.3M | |
| Zions Bank, A Division of | 10 | $1.3M | |
| Arvest Bank | 3 | $1.3M | |
| Mortgage Capital Development Corporation | 1 | $1.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Michigan | 30 | |
| Florida | 26 | |
| California | 21 | |
| Utah | 21 | |
| Massachusetts | 14 | |
| Wisconsin | 13 | |
| Arizona | 10 | |
| Minnesota | 10 |
Approvals by fiscal year
’10
’11
’12
’13
’14
’15
’16
’17
’18
’19
’20
’21
’23
’24
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K38%
- $50K - $150K31%
- $150K - $350K19%
- $350K - $1M9%
- $1M - $2M3%
- Over $2M0%
Nearby
Other real estate industries
Offices of Real Estate Agents and Brokers4,900 · $100,000Lessors of Miniwarehouses and Self-Storage Units3,561 · $839,000Lessors of Nonresidential Buildings3,432 · $515,000Residential Property Managers2,560 · $150,000Other Activities Related to Real Estate2,207 · $200,000Other Commercial and Industrial Machinery and Equipment Rental and Leasing1,472 · $282,500Nonresidential Property Managers705 · $221,000General Rental Centers690 · $270,000
Common questions
- How much do SBA lenders typically lend to a recreational goods rental business?
- The median SBA approval in NAICS 532292 is $68,600, with the middle 80% of loans between $12,000 and $360,000. Across all industries the median is $180,000.
- Which lenders are most active in recreational goods rental?
- By dollars approved: Byline Bank, Enterprise Bank & Trust, JPMorgan Chase Bank, Chelsea State Bank, Celtic Bank Corporation. 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, 3.1% 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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