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NAICS 713910 · Arts & Recreation
SBA loans for golf courses and country clubs
829 SBA loans worth $797.7M have been approved in this industry since FY2010 - the #232 most-financed NAICS code in the country.
Median loan
$499,500
+178% vs all industries
Typical range
$40K-$2.6M
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
20 yr
Charge-off rate
4.8%
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 |
|---|---|---|---|
| The Huntington National Bank | 124 | $64.4M | |
| Newtek Small Business Finance, Inc. | 13 | $21.2M | |
| Newtek Bank | 12 | $19.6M | |
| Bank Five Nine | 20 | $18.2M | |
| Empire State Certified Development Corporation | 17 | $17.3M | |
| Celtic Bank Corporation | 11 | $17.0M | |
| Florida Business Development Corporation | 10 | $16.8M | |
| Capital Bank | 9 | $16.8M | |
| Florida First Capital Finance Corporation, Inc. | 18 | $16.4M | |
| B:Side Capital | 5 | $15.9M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Michigan | 80 | |
| Ohio | 77 | |
| Wisconsin | 73 | |
| New York | 72 | |
| Florida | 61 | |
| Pennsylvania | 43 | |
| Texas | 36 | |
| California | 34 |
An SBA 7(a) lender for loans this size
43% of the SBA loans approved in golf courses and country clubs 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 $50K11%
- $50K - $150K16%
- $150K - $350K16%
- $350K - $1M24%
- $1M - $2M18%
- Over $2M15%
Franchise brands in Golf Courses and Country Clubs
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| The Back Nine | 9 | $3.5M | |
| Ascend Collection | 1 | $3.4M |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other arts & recreation industries
Common questions
- How much do SBA lenders typically lend to a golf courses and country clubs business?
- The median SBA approval in NAICS 713910 is $499,500, with the middle 80% of loans between $40,000 and $2,621,000. Across all industries the median is $180,000.
- Which lenders are most active in golf courses and country clubs?
- By dollars approved: The Huntington National Bank, Newtek Small Business Finance, Inc., Newtek Bank, Bank Five Nine, Empire State Certified Development 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 golf courses and country clubs considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.8% 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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